Lavoro Limited reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was BRL 2,365.96 million compared to BRL 2,285.96 million a year ago. Net loss was BRL 66.54 million compared to net income of BRL 59.62 million a year ago.

Basic loss per share from continuing operations was BRL 0.59 compared to basic earnings per share from continuing operations of BRL 0.52 a year ago. Diluted loss per share from continuing operations was BRL 0.59 compared to diluted earnings per share from continuing operations of BRL 0.52 a year ago.