Brazilian stock exchange operator B3 on Thursday reported third-quarter recurring net income of 1.29 billion reais ($239 million), in line with analysts’ estimates and 13% higher than a year earlier. B3’s earnings before interest, taxes, depreciation and amortization totaled 1.82 billion reais, above a consensus estimate of 1.796 billion reais. “In a scenario of higher inflation and, as a result, rising interest rates, our markets continue to show solid performance,” B3 said in a filing. Third-quarter revenues totaled 2.5 billion reais, down 0.9% from the year-earlier quarter, it said, noting that results were positively affected by the reversal of non-recurring provisions. B3 shares are down more than 30% this year, as analysts question the company’s growth opportunities.