2nd quarter results for NETC are coming out July 22nd.

There are not many analysts tracking this company in the US, but expect to see much better numbers then 2Q 2007.  Being the leader cable & internet provider in Brazil doesn’t have to mean increases of earnings are on the horizon.  Their current plan is short term growth, which if accomplished translates to higher revenues and a broader region of services.  The Big TV acquisition won’t have much of an effect in Q2, however their purchase of Vivax in October of 2006 should be gaining maturity.  One thing to cheer for are operating and profit margins above 8% as their current deal with Big TV comes with a $200 Million loan at 7.875%.

Ultimately I like this stock because I want to believe NETC will focus on earnings per share once they attain the region and market share desired.  Till then expect frustration in stock price.