Smiles Fidelidade S.A. reported earnings results for the second quarter of fiscal year 2018. For the quarter, the company reported net revenues of BRL 198,125,000 as compared to BRL 217,574,000 a year ago. Operating profit was BRL 130,474,000 as compared to BRL 166,901,000 a year ago. EBT was BRL 168,545,000 as compared to BRL 210,577,000 a year ago. Net income was BRL 114,158,000 as compared to BRL 143,881,000 a year ago. Net cash flows from operating activities was BRL 354,506,000 as compared to net cash flows used in operating activities of BRL 25,998,000 a year ago. Acquisition of property, plant and equipment and intangible assets was BRL 1,418,000 as compared to BRL 449,000 a year ago. EBITDA was BRL 134.9 million as compared to BRL 170.3 million a year ago.