Atento reports fiscal 2022 first quarter results

Revenue decreased 2.3% to $356.6 million in seasonally slow first quarter, due to residual impact of cyberattack and absenteeism related to omicron spike secured 19 high-quality new clients representing 58.2% of $53.3 million in total annual value of sales and with 19.1% ebitda margin, up 300bps sales in e-commerce, fintech and travel sectors accounted for 67.1%, 9.8% and 13.4% of new wins in the quarter hard currency revenues expanded 310 bps to 28.1% of consolidated revenue ebitda decreased 10.1% to $35.0 million on lingering effects of cyberattack, one-time costs related to absenteeism and higher inflation, partially offset by accrued cyber insurance recovery in brazil and inflation pass-through healthy exit rate in march, with sales, ebitda and operating cash flow expected to accelerate in second half of year high levels of inflation and interest rate hikes increased financing costs company enhances sales organization and advances cost-saving initiatives 2022 guidance reiterated new york , may 11, 2022 /prnewswire/ -- atento s.a. (nyse: atto) ("atento" or the "company"), one of the five largest providers of customer relationship management and business process outsourcing (crm / bpo) services worldwide and sector leader in latin america, announced today its first quarter operating and financial results for the period ending march 31, 2022.
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