Reasons your investment Isn’t Going wrong way: Atento S.A. (NYSE: ATTO)

Third Quarter Consolidated Operating Results
Consolidated revenue increased 3.0% to $412.3 M in the third quarter of 2019, with Multisector sales up 9.4% showing development in all regions, partially offset by lower Telefónica revenue. On a regional basis, Brazil profits was basically flat contrast to the 3rd quarter of 2018, while Americas revenue increased 9.6% and EMEA sales minimized 2.2%.
For the nine months ended September 30, 2019, combined earnings increased 2.6% to $1,290.1 M, with Multisector sales up 6.5%. By region, Brazil earnings grew 3.2%, while Americas and EMEA incomes increased 2.3% and 3.1%, respectively.
Total Multisector profits increased 9.4% in the third quarter of 2019, and 6.5% YTD, more diversifying Atentos profits stream and reaching 63.7% of total sales for the first nine months of the year. Multisector profits growth in the third quarter of 2019 was fueled by a 3.7% boost in Brazil, 18.6% growth in the Americas, and 15.1% development in EMEA. On a sequential basis, overall Multisector income increased 3.5%.
Earnings from Telefónica decreased 7.3% in the 3rd quarter of 2019Because of a decrease of 8.6% in Brazil, 3.1% in the Americas and 13.9% in EMEA. For the very first nine months of 2019, profits from Telefónica reduced 3.7%.
In the 3rd quarter of 2019, mentioned EBITDA increased 4.7% YoY to $48.1 M and includes a $10.6 M positive impact associated to IFRS 16 and a negative $4.5 M effect from amazing products associated with the transformation strategy. EBITDA margin was 11.7%, a 0.8 p.p. increase on a YoY basis. Not Including the impacts of IFRS 16 and extraordinary items, normalized EBITDA grew 5.2% YoY, with the transformation strategy acquiring traction. Normalized EBITDA margin was 10.2%, an improvement of 1.2 p.p. OoO and 0.2 p.p. YoY, with Brazil, the Americas and EMEA at 12.0%, 12.4% and 7.6%, respectively.
Mentioned EBITDA on a nine-month YTD basis lowered 0.6% to $132.7 M and consists of a $40.2 M positive result related to IFRS 16 and an unfavorable $25.9 M impact from extraordinary items.
Profits per share was $0.02 in the 3rd quarter of 2019, with repeating EPS of $0.03. When likewise not consisting of the unfavorable $4.5 M of extraordinary products, repeating EPS was positive $0.10.
Changed earnings, changed EBITDA and adjusted profits per share are non-GAAP financial procedures and are fixed up to their most directly similar GAAP measures in the accompanying monetary tables.
The average volatility for the week at 5.88% and for month was at 6.44%. There are 78.17 M shares outstanding and 23.9 M shares are drifted in market.

On 22 Jan 2020, Atento S.A. stock determined change of 25.71% far from 52-week low cost and just recently located move of -39.73% off 52-week high cost. ATTO stock has been tape-recorded -5.93% far from 50 day moving average and -5.16% far from 200 day moving average. Moving better, we can see that shares have actually been trading -4.88% off 20-day moving average.

On 22 Jan 2020, Atento S.A. stock determined change of 25.71% away from 52-week low price and recently located move of -39.73% off 52-week high price. ATTO stock has been taped -5.93% away from 50 day moving average and -5.16% away from 200 day moving average. Total Multisector revenue increased 9.4% in the 3rd quarter of 2019, and 6.5% YTD, additional diversifying Atentos earnings stream and reaching 63.7% of total sales for the first 9 months of the year. Normalized EBITDA margin was 10.2%, an enhancement of 1.2 p.p. OoO and 0.2 p.p. YoY, with Brazil, the Americas and EMEA at 12.0%, 12.4% and 7.6%, respectively.
The average volatility for the week at 5.88% and for month was at 6.44%.

Atento S.A. (ATTO) recently reported its third quarter ended September 30, 2019 operating and financial results. All comparisons in this statement are year-over-year (YoY) and in constant-currency (CCY), unless kept in mind otherwise, and may vary from the 6-KBecause of particular intra-group eliminations.