Saraiva S.A. Livreiros Editores announced consolidated financial results for the first quarter ended March 31, 2017. For the quarter, the company reported, net revenue (Stores + E-commerce) was BRL 503,436,000 against BRL 504,697,000 a year ago. EBITDA was BRL 20,024,000 against BRL 19,714,000 a year ago. Adjusted EBITDA was BRL 25,044,000 against BRL 19,714,000 a year ago. Adjusted net income was BRL 3,594,000 against BRL 266,000 a year ago. Net income was BRL 281,000 against BRL 266,000 a year ago. Same store sales growth was negative 6.3% against 1.1% a year ago.