Results
TIM Brasil Q3 Revenue Misses, Margins Expand
Net revenue grew 5.3% YoY to 7.07 bn reais, missing consensus of 7.25 bn reais.
Normalized EBITDA rose 6.7% to 3.70 bn reais, with margin widening to 52.4% from 51.7%.
Normalized net income fell 7.8%