Comprehensive net loss was flat at R$164,298,000 ($49,667,000 mm) against a loss of R$164,369,000 as the top line gained 9% to R$1,889,006,000 ($571,042,000) from R$1,739,540,000. Gross margin contracted 270 basis points to 31.6%. Excluding exchange rate adjustments and other comprehensive items, net loss was 11% higher at R$170.3 million. NETS B2B business continued to drag on results, contributing R$29.8 million to ... Log in to view full article.