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Padtec posts Q4 revenue of R$105 million, up 7.5% YoY

Padtec reported record net revenue for 4Q22 of R$105.0 million (approx US$20.05 million), 7.5% higher than in 4Q21. Of this amount, R$82.2 million come from optical transport systems in Brazil, R$10.9 million from sales of optical transport systems in the foreign market and R$11.9 million from Services and Platforms.

For all of 2022, Padtec reported record net revenue of R$365.7 million in the year, 6.4% higher than in 2021.

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