TOTVS S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 1,064.14 million compared to BRL 898.51 million a year ago. Net income was BRL 94.12 million compared to BRL 79.46 million a year ago.

Basic earnings per share from continuing operations was BRL 0.16484 compared to BRL 0.14829 a year ago. Diluted earnings per share from continuing operations was BRL 0.16252 compared to BRL 0.14627 a year ago. Basic earnings per share was BRL 0.15559 compared to BRL 0.13066 a year ago.

Diluted earnings per share was BRL 0.1534 compared to BRL 0.12889 a year ago.