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CI&T Inc - CINT STOCK NEWS

Welcome to our dedicated page for CI&T news (Ticker: CINT), a resource for investors and traders seeking the latest updates and insights on CI&T stock.

CI&T Inc (symbol: CINT) is a global leader in digital solutions, specializing in the strategic execution of complex digital innovation and growth initiatives. The company collaborates with some of the world’s most renowned brands, including Coca-Cola, Google, Johnson & Johnson, and Motorola. CI&T stands out by boldly tackling complexity and expertly managing the risks associated with digital integration. Unlike other digital agencies or traditional systems integrators, CI&T offers a comprehensive range of skills that seamlessly integrate with multiple service partners.

The company's core services encompass strategy, design, and software engineering, with a focus on enabling digital transformation for enterprises. CI&T specializes in developing customizable software solutions that leverage advanced technologies such as Machine Learning, Artificial Intelligence (AI), Analytics, Cloud, and Mobility. These solutions empower individuals and help organizations bridge the gap from their current state to their desired digital future.

CI&T generates the majority of its revenue from North America and Europe, with significant contributions from the Asia-Pacific and Japan regions. Recent achievements include successful partnerships and the delivery of innovative projects that have significantly enhanced the digital capabilities of its clients.

In addition to its core services, CI&T is actively involved in several current projects that aim to drive further innovation and growth. These projects align with the company's commitment to staying at the forefront of technological advancements and meeting the evolving needs of its clients.

  • Strategy: CI&T provides strategic guidance to help companies navigate their digital transformation journeys.
  • Design: The company excels in designing user-centric digital experiences that drive engagement and satisfaction.
  • Software Engineering: CI&T develops robust, scalable, and secure software solutions tailored to meet specific business needs.
  • Partnerships: CI&T collaborates with leading global brands to deliver cutting-edge digital solutions.
  • Financial Condition: The company maintains a strong financial position, with consistent revenue growth driven by its innovative services and solutions.
News
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CI&T (NYSE: CINT) reports a strong financial performance in Q4 2023 and full-year 2023, with significant growth in net revenue, net profit, and cash generated from operating activities. The company shows a consistent revenue growth trend, diversified client base, and a positive outlook for 2024.
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CI&T Inc. identified non-cash accounting errors related to deferred income accounting for tax-deductible goodwill, requiring restatement of financial statements. The adjustments impact income tax expense, net income, and classification corrections. The Company expects a material weakness in internal control.
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CI&T (NYSE: CINT) announces strong financial results for the fourth quarter of 2023 and full-year 2023, showcasing revenue growth, profitability, and cash generation. The company's revenue CAGR from 2019 to 2023 was 35%, with significant diversification in client base and a focus on AI-driven growth.
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CI&T (NYSE:CINT) will exhibit its innovative healthcare solutions at the 2024 HIMSS Global Health Conference. Partnering with top healthcare companies, CI&T offers digital solutions for patients and practitioners, aiming to enhance care quality and satisfaction. The company will host a panel discussion on AI's role in healthcare and showcase industry-leading solutions at the event.
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CI&T (NYSE: CINT) will report its fourth quarter of 2023 and FY 2023 financial results on March 7, 2024. The senior management team will host a video conference call to discuss the financial and operating results on the same day. The video conference call can be accessed at the Company's Investor Relations website or through a provided link.
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CI&T (CINT) released its fourth annual Connected Retail Report, revealing that consumers have heightened price-sensitivity due to inflation, leading to changes in shopping habits and a strong preference for omnichannel retailers. The report shows that 80% of consumers have changed their shopping habits due to the economy, with 70% spending less overall because of inflation. 81% prefer to shop at retailers who have both online and offline channels, with price being the primary driver on where to shop. The report also highlights consumer concerns about retailers using Generative AI, with 67% expressing concerns about personal information and search results. CI&T's Retailers to Watch List features Container Store, Crumbl, Dyson, Mango, Nordstrom Rack, and Zenni Optical.
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CI&T (NYSE:CINT) Receives Rising Star Partner of the Year - LATAM Award from AWS, Showcasing Strong Growth and Innovation in Driving Customer Solutions
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CI&T (NYSE:CINT) introduces two new retail accelerators, GenAI-based Situational Commerce and integration with Crownpeak’s Product Discovery, at the National Retail Federation (NRF) Retail's Big Show in New York City. The company specializes in composable architecture, omnichannel strategies, and personalization for retail, CPG, and QSR clients, emphasizing flexibility, agility, and hyper-personalization.
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CI&T (CINT) has been recognized as a Niche Player in the 2023 Gartner Magic Quadrant for Custom Software Development Services, Worldwide. The company's focus on key verticals in banking and investment services, healthcare and life sciences, retail, and CPG has allowed it to accelerate custom software solutions, resulting in shorter development cycles while reaching the market faster. CI&T's commitment to developing transformational solutions through significant investments in AI and software engineering further validates its unique position in helping propel businesses forward.
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CI&T (NYSE: CINT) reports its third-quarter 2023 and nine months ended on September 30, 2023, financial results. The net revenue declined to R$529.1 million in 3Q23 from R$559.0 million in 3Q22. Net profit was R$36.2 million compared to R$40.6 million in 3Q22. The company's nine-month results showed a 8.6% increase in net revenue to R$1,710.9 million and a 42.3% rise in net profit to R$136.4 million.
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FAQ

What is the current stock price of CI&T (CINT)?

The current stock price of CI&T (CINT) is $6.89 as of November 6, 2024.

What is the market cap of CI&T (CINT)?

The market cap of CI&T (CINT) is approximately 929.7M.

What does CI&T Inc specialize in?

CI&T Inc specializes in digital solutions, strategy, design, and software engineering services for enabling digital transformation.

Which major brands does CI&T work with?

CI&T collaborates with leading global brands such as Coca-Cola, Google, Johnson & Johnson, and Motorola.

What technologies does CI&T use in its solutions?

CI&T leverages advanced technologies including Machine Learning, Artificial Intelligence (AI), Analytics, Cloud, and Mobility.

Where does CI&T generate most of its revenue?

CI&T generates most of its revenue from North America and Europe, followed by the Asia-Pacific and Japan regions.

How does CI&T handle the complexity of digital integration?

CI&T boldly tackles complexity by seamlessly working with multiple service partners and offering a comprehensive range of skills.

What types of projects is CI&T currently involved in?

CI&T is involved in several innovative projects aimed at driving further digital innovation and growth for its clients.

What is CI&T’s approach to software development?

CI&T focuses on developing customizable, robust, scalable, and secure software solutions tailored to meet specific business needs.

Does CI&T offer strategic guidance for digital transformation?

Yes, CI&T provides strategic guidance to help companies navigate their digital transformation journeys.

What is the financial condition of CI&T?

CI&T maintains a strong financial position, with consistent revenue growth driven by its innovative services and solutions.

What is the unique value proposition of CI&T?

CI&T's unique value proposition lies in its ability to seamlessly integrate complex digital solutions and manage associated risks effectively.

CI&T Inc

NYSE:CINT

CINT Rankings

CINT Stock Data

929.73M
21.37M
1.1%
91.63%
0.12%
Software - Infrastructure
Technology
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United States of America
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