U.S. Markets closed
  • S&P 500

    3,638.35
    +8.70 (+0.24%)
     
  • Dow 30

    29,910.37
    +37.90 (+0.13%)
     
  • Nasdaq

    12,205.85
    +111.44 (+0.92%)
     
  • Russell 2000

    1,855.27
    +10.25 (+0.56%)
     
  • Crude Oil

    45.53
    -0.18 (-0.39%)
     
  • Gold

    1,788.10
    -23.10 (-1.28%)
     
  • Silver

    22.55
    -0.81 (-3.46%)
     
  • EUR/USD

    1.1967
    +0.0054 (+0.4548%)
     
  • 10-Yr Bond

    0.8420
    -0.0360 (-4.10%)
     
  • Vix

    20.84
    -0.41 (-1.93%)
     
  • GBP/USD

    1.3302
    -0.0055 (-0.4110%)
     
  • USD/JPY

    104.0530
    -0.1970 (-0.1890%)
     
  • BTC-USD

    17,055.70
    +330.90 (+1.98%)
     
  • CMC Crypto 200

    333.82
    -3.68 (-1.09%)
     
  • FTSE 100

    6,367.58
    +4.65 (+0.07%)
     
  • Nikkei 225

    26,644.71
    +107.40 (+0.40%)
     

Brazil telecom operator Tim posts $68M profit in q3

SAO PAULO, Nov 3 (Reuters) - Brazil telecom operator Tim SA on Tuesday reported a profit of 390 million reais ($67.76 million) in the third quarter, down 30% compared with a year ago, in part because of a tax credit that positively boosted last year's results.

Revenue came in at 4.4 billion reais, mostly unchanged compared with a year ago. Telecom operator results have not been particularly affected by the coronavirus crisis. ($1 = 5.7560 reais) (Reporting by Alberto Alerigi and Marcelo Rochabrun; Editing by Leslie Adler)