{"id":631385,"date":"2025-11-06T13:31:15","date_gmt":"2025-11-06T16:31:15","guid":{"rendered":"https:\/\/www.suno.com.br\/noticias\/?p=631385"},"modified":"2025-11-06T13:31:22","modified_gmt":"2025-11-06T16:31:22","slug":"totvs-3t25-erp-acelera-rd-station-mt","status":"publish","type":"post","link":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/","title":{"rendered":"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa"},"content":{"rendered":"<p>A <strong>TOTVS<\/strong> (<a class=\"suno-keyword\" target=\"_blank\" data-force=\"yes\" data-priority=\"2\" href=\"https:\/\/www.suno.com.br\/analitica\/acoes\/tots3\/\" rel=\"noopener\">TOTS3<\/a>) apresentou um&nbsp;3\u00ba trimestre de 2025&nbsp;com crescimento robusto em receita e lucro, impulsionado pela divis\u00e3o de&nbsp;Gest\u00e3o (ERP)&nbsp;e pela melhora em sua opera\u00e7\u00e3o financeira, a&nbsp;Techfin. Ao mesmo tempo, a&nbsp;RD Station&nbsp;\u2014 unidade voltada a marketing e vendas digitais \u2014 teve desempenho mais t\u00edmido, ofuscando parcialmente os bons n\u00fameros do consolidado.<\/p>\t<div class=\"wrapper-featured-image\">\n\t\t<figure class=\"spotlightImg\">\n\n\t\t\t<picture>\n\t\t\t\t<source media=\"(max-width: 768px)\" srcset=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3-400x200.jpg\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"newsContent__article__imgCapa lazyloadDisabled \" src=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3-800x450.jpg\" width=\"800\" height=\"450\" alt=\"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa\" fetchpriority=high \/>\n\t\t\t<\/picture>\n\n\t\t\t<figcaption class=\"wp-caption-text wp-caption-text--show\">Totvs (TOTS3) - Foto: Divulga\u00e7\u00e3o<\/figcaption>\n\t\t<\/figure>\n\t<\/div>\n\n\n\n\n\n\t<p>\n\t\t<a href=\"https:\/\/lp.suno.com.br\/planilha-da-vida-financeira\/\" target=\"_blank\" data-element=\"shortcode-suno-banner\" title=\"Banner SUNO, clique e saiba mais\">\n\t\t\t<picture>\n\t\t\t\t<source media=\"(max-width: 500px)\" srcset=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/400x300-Planilha-vida-financeira-true.png\">\n\t\t\t\t<img class=\"newsContent__article__imgCapa newsContent__article__imgCapa--banner\"\n\t\t\t\t\tsrc=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/1420x240-Planilha-vida-financeira-true.png\"\n\t\t\t\t\tdata-promo-id=\"383123\"\t\t\t\t\t\t\t\t\t\twidth='1420' height='240'\t\t\t\t\talt=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/1420x240-Planilha-vida-financeira-true.png\"\n\t\t\t\t>\n\t\t\t<\/picture>\n\t\t<\/a>\n\t<\/p>\n\n\n\n\n\n<p>Mesmo com a divis\u00e3o de marketing patinando, a TOTVS entregou resultados considerados s\u00f3lidos pelo mercado. O&nbsp;BTG Pactual&nbsp;resumiu o trimestre dizendo que \u201co resultado foi forte onde mais importa, no core de Gest\u00e3o, com margens acima do esperado e execu\u00e7\u00e3o consistente\u201d.<\/p>\n\n\n\n<p>A empresa, por sua vez, manteve o discurso de confian\u00e7a no modelo recorrente. \u201cO trimestre refor\u00e7a a previsibilidade do nosso modelo de neg\u00f3cios e a relev\u00e2ncia da TOTVS como parceira tecnol\u00f3gica do setor corporativo brasileiro\u201d, afirmou no release de resultados.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Margens recordes e caixa robusto impulsionam confian\u00e7a<\/h2>\n\n\n\n<p>O balan\u00e7o do 3T25 mostrou&nbsp;<a class=\"suno-keyword\" target=\"_blank\" data-force=\"no\" data-priority=\"1\" href=\"https:\/\/www.suno.com.br\/artigos\/o-que-receita-liquida\/\" rel=\"noopener\">receita l\u00edquida<\/a> de R$ 1,56 bilh\u00e3o, alta de&nbsp;17,8%&nbsp;em rela\u00e7\u00e3o ao mesmo per\u00edodo de 2024. O&nbsp;EBITDA ajustado&nbsp;atingiu&nbsp;R$ 404,8 milh\u00f5es, com&nbsp;margem de 26%, o maior n\u00edvel j\u00e1 registrado pela companhia.<br>A&nbsp;receita recorrente&nbsp;somou&nbsp;R$ 1,42 bilh\u00e3o, representando&nbsp;91,5% do total, e o&nbsp;ARR (receita anual recorrente)&nbsp;chegou a&nbsp;R$ 6,27 bilh\u00f5es, crescimento de&nbsp;18,5%.<\/p>\n\n\n\n<p>O destaque, novamente, veio da unidade de&nbsp;Gest\u00e3o, que faturou&nbsp;R$ 1,39 bilh\u00e3o, crescimento de&nbsp;18%, com&nbsp;<a class=\"suno-keyword\" target=\"_blank\" data-force=\"no\" data-priority=\"1\" href=\"https:\/\/www.suno.com.br\/artigos\/margem-bruta-entenda-sua-importancia\/\" rel=\"noopener\">margem bruta<\/a> de 72,8%&nbsp;e&nbsp;EBITDA de R$ 384,5 milh\u00f5es. A solu\u00e7\u00e3o de&nbsp;Intelig\u00eancia Tribut\u00e1ria&nbsp;adicionou cerca de&nbsp;R$ 16 milh\u00f5es&nbsp;ao ARR, ajudando a empurrar a taxa de&nbsp;reten\u00e7\u00e3o de clientes para 98,6%.<\/p>\n\n\n\n<p>\u201cO desempenho em Gest\u00e3o mostra a for\u00e7a do produto principal e a capacidade de manter rentabilidade mesmo com custos pressionados\u201d, avaliou o BTG.<\/p>\n\n\n\n<p>A TOTVS tamb\u00e9m mostrou melhora na <a class=\"suno-keyword\" target=\"_blank\" data-force=\"no\" data-priority=\"1\" href=\"https:\/\/www.suno.com.br\/artigos\/geracao-de-caixa\/\" rel=\"noopener\">gera\u00e7\u00e3o de caixa<\/a>: o&nbsp;<strong>fluxo de caixa livre<\/strong>&nbsp;foi de&nbsp;<strong>R$ 280,5 milh\u00f5es<\/strong>, alta de&nbsp;<strong>54%<\/strong>sobre o ano anterior. Com isso, a companhia encerrou o trimestre com&nbsp;<strong>caixa l\u00edquido de R$ 60 milh\u00f5es<\/strong>, revertendo o endividamento e consolidando o equil\u00edbrio financeiro.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">RD Station perde ritmo enquanto Techfin acelera<\/h3>\n\n\n\n<p>A&nbsp;<strong>RD Station<\/strong>, principal aposta da TOTVS no segmento de marketing digital, teve desempenho mais contido. A receita subiu&nbsp;15%, para&nbsp;R$ 161,9 milh\u00f5es, e o&nbsp;EBITDA&nbsp;foi de&nbsp;R$ 20,3 milh\u00f5es, com&nbsp;margem de 12,6%.<br>A empresa atribuiu parte da desacelera\u00e7\u00e3o \u00e0s mudan\u00e7as no&nbsp;<strong>modelo de cobran\u00e7a do WhatsApp Business<\/strong>, que agora \u00e9 segregado entre&nbsp;<strong>SaaS<\/strong>&nbsp;e&nbsp;<strong>Transacional<\/strong>.<\/p>\n\n\n\n<p>\u201cA nova classifica\u00e7\u00e3o d\u00e1 mais clareza \u00e0 performance do neg\u00f3cio e refor\u00e7a o foco em receita recorrente de software\u201d, explicou a TOTVS no documento.<\/p>\n\n\n\t<p>\n\t\t<a href=\"https:\/\/lp.suno.com.br\/planilha-da-vida-financeira\/\" target=\"_blank\" data-element=\"shortcode-suno-banner\" title=\"Banner SUNO, clique e saiba mais\">\n\t\t\t<picture>\n\t\t\t\t<source media=\"(max-width: 500px)\" srcset=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/400x300-Planilha-vida-financeira-true.png\">\n\t\t\t\t<img class=\"newsContent__article__imgCapa newsContent__article__imgCapa--banner\"\n\t\t\t\t\tsrc=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/1420x240-Planilha-vida-financeira-true.png\"\n\t\t\t\t\tdata-promo-id=\"106682\"\t\t\t\t\t\t\t\t\t\twidth='1420' height='240'\t\t\t\t\talt=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/04\/1420x240-Planilha-vida-financeira-true.png\"\n\t\t\t\t>\n\t\t\t<\/picture>\n\t\t<\/a>\n\t<\/p>\n\n\n\n\n\n<p>O BTG ponderou que \u201ca RD Station veio abaixo das expectativas, crescendo menos que o previsto, mas a TOTVS compensou amplamente com o desempenho em Gest\u00e3o e Techfin\u201d.<br>Para os analistas, a unidade de marketing tende a ser mais sens\u00edvel a custos e \u00e0 reonera\u00e7\u00e3o da folha, o que limita repasses de pre\u00e7o e margens.<\/p>\n\n\n\n<p>Enquanto a RD freou, a&nbsp;Techfin&nbsp;avan\u00e7ou firme. A origina\u00e7\u00e3o de cr\u00e9dito chegou a&nbsp;R$ 3,4 bilh\u00f5es&nbsp;(+11%), e a&nbsp;receita l\u00edquida de funding&nbsp;subiu&nbsp;30%, para&nbsp;R$ 102 milh\u00f5es. O&nbsp;EBITDA&nbsp;do bra\u00e7o financeiro foi de&nbsp;R$ 25,5 milh\u00f5es, com&nbsp;<a class=\"suno-keyword\" target=\"_blank\" data-force=\"no\" data-priority=\"1\" href=\"https:\/\/www.suno.com.br\/artigos\/lucro-liquido\/\" rel=\"noopener\">lucro l\u00edquido<\/a> de R$ 16,1 milh\u00f5es, sinalizando ganho de escala.<br>\u201cO crescimento vem com rentabilidade e baixo <a class=\"suno-keyword\" target=\"_blank\" data-force=\"no\" data-priority=\"1\" href=\"https:\/\/www.suno.com.br\/artigos\/risco-de-credito\/\" rel=\"noopener\">risco de cr\u00e9dito<\/a>, refor\u00e7ando o papel estrat\u00e9gico da Techfin dentro do ecossistema TOTVS\u201d, destacou o release.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">TOTVS se consolida, mas mira ajustes no marketing digital<\/h3>\n\n\n\n<p>Com&nbsp;<strong>ROIC de 19,9%<\/strong>&nbsp;e margens recordes, a TOTVS refor\u00e7a sua posi\u00e7\u00e3o como l\u00edder em software de gest\u00e3o corporativa no Brasil. O BTG manteve recomenda\u00e7\u00e3o&nbsp;<strong>comprada (Buy)<\/strong>&nbsp;para&nbsp;<strong>TOTS3<\/strong>, destacando que a companhia \u201csegue entregando crescimento e margens em expans\u00e3o, mesmo em um ambiente macro ainda desafiador\u201d.<\/p>\n\n\n\n<p>A TOTVS encerrou o trimestre enfatizando seu foco em inova\u00e7\u00e3o e integra\u00e7\u00e3o entre software, dados e servi\u00e7os financeiros. \u201cSeguimos fortalecendo o ecossistema TOTVS e gerando valor sustent\u00e1vel para nossos clientes e acionistas\u201d, afirmou a empresa.<\/p>\n\n\n\n<p>O mercado, por\u00e9m, mant\u00e9m o radar ligado na performance da RD Station, que ainda precisa provar f\u00f4lego para acompanhar o ritmo do ERP. Caso o ajuste do modelo transacional surta efeito, a TOTVS pode entrar em 2026 mais equilibrada, e com espa\u00e7o para mais uma rodada de surpresas positivas no balan\u00e7o.<\/p>\n\n\n\n\n\t<p>\n\t\t<a href=\"https:\/\/lp.suno.com.br\/ebook-como-analisar-uma-acao\/\" target=\"_blank\" data-element=\"shortcode-suno-banner\" title=\"Banner SUNO, clique e saiba mais\">\n\t\t\t<picture>\n\t\t\t\t<source media=\"(max-width: 500px)\" srcset=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/03\/Ebook-Acoes-Mobile.jpg\">\n\t\t\t\t<img class=\"newsContent__article__imgCapa newsContent__article__imgCapa--banner\"\n\t\t\t\t\tsrc=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/03\/Ebook-Acoes-Desktop.jpg\"\n\t\t\t\t\tdata-promo-id=\"378302\"\t\t\t\t\t\t\t\t\t\twidth='1420' height='286'\t\t\t\t\talt=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/03\/Ebook-Acoes-Desktop.jpg\"\n\t\t\t\t>\n\t\t\t<\/picture>\n\t\t<\/a>\n\t<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>A TOTVS (TOTS3) apresentou um&nbsp;3\u00ba trimestre de 2025&nbsp;com crescimento robusto em receita e lucro, impulsionado pela divis\u00e3o de&nbsp;Gest\u00e3o (ERP)&nbsp;e pela melhora em sua opera\u00e7\u00e3o financeira, a&nbsp;Techfin. Ao mesmo tempo, a&nbsp;RD Station&nbsp;\u2014 unidade voltada a marketing e vendas digitais \u2014 teve desempenho mais t\u00edmido, ofuscando parcialmente os bons n\u00fameros do consolidado. Totvs (TOTS3) &#8211; Foto: Divulga\u00e7\u00e3o [&hellip;]<\/p>\n","protected":false},"author":402,"featured_media":478859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[64],"tags":[665],"suno_strategy":[],"class_list":["post-631385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios","tag-totvs-tots3"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego<\/title>\n<meta name=\"description\" content=\"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego\" \/>\n<meta property=\"og:description\" content=\"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\" \/>\n<meta property=\"og:site_name\" content=\"Suno Not\u00edcias\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/sunoresearch\" \/>\n<meta property=\"og:image\" content=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ma\u00edra Telles\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sunoresearch\" \/>\n<meta name=\"twitter:site\" content=\"@sunoresearch\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ma\u00edra Telles\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\"},\"author\":{\"name\":\"Ma\u00edra Telles\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/0a8b51292bb96ee5f104094c0907eaef\"},\"headline\":\"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa\",\"datePublished\":\"2025-11-06T16:31:15+00:00\",\"dateModified\":\"2025-11-06T16:31:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\"},\"wordCount\":828,\"publisher\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg\",\"keywords\":[\"Totvs (TOTS3)\"],\"articleSection\":[\"Neg\u00f3cios\"],\"inLanguage\":\"pt-BR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\",\"url\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\",\"name\":\"TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego\",\"isPartOf\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg\",\"datePublished\":\"2025-11-06T16:31:15+00:00\",\"dateModified\":\"2025-11-06T16:31:22+00:00\",\"description\":\"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes\",\"breadcrumb\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage\",\"url\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg\",\"contentUrl\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Totvs (TOTS3) - Foto: Divulga\u00e7\u00e3o\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Not\u00edcias\",\"item\":\"https:\/\/www.suno.com.br\/noticias\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Neg\u00f3cios\",\"item\":\"https:\/\/www.suno.com.br\/noticias\/negocios\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#website\",\"url\":\"https:\/\/www.suno.com.br\/noticias\/\",\"name\":\"Suno Not\u00edcias\",\"description\":\"Seu portal de informa\u00e7\u00e3o sobre o mundo dos investimentos\",\"publisher\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.suno.com.br\/noticias\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#organization\",\"name\":\"Suno Not\u00edcias\",\"url\":\"https:\/\/www.suno.com.br\/noticias\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2021\/09\/suno-logo.png\",\"contentUrl\":\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2021\/09\/suno-logo.png\",\"width\":180,\"height\":180,\"caption\":\"Suno Not\u00edcias\"},\"image\":{\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/sunoresearch\",\"https:\/\/x.com\/sunoresearch\",\"https:\/\/www.instagram.com\/suno\",\"https:\/\/www.linkedin.com\/company\/suno-research\/\",\"https:\/\/www.youtube.com\/c\/sunoresearch\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/0a8b51292bb96ee5f104094c0907eaef\",\"name\":\"Ma\u00edra Telles\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8d13691eab6abc1d1050b62a4c2a6116?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8d13691eab6abc1d1050b62a4c2a6116?s=96&r=g\",\"caption\":\"Ma\u00edra Telles\"},\"description\":\"Jornalista com passagem por reda\u00e7\u00f5es como ESPN, especializa\u00e7\u00e3o em marketing digital e em gest\u00e3o de crise. Com foco no mercado financeiro e no setor agropecu\u00e1rio, desenvolve conte\u00fados estrat\u00e9gicos e especializados para m\u00faltiplas plataformas, unindo an\u00e1lise de investimentos e neg\u00f3cios\",\"url\":\"https:\/\/www.suno.com.br\/noticias\/author\/mairaftellesgmail-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego","description":"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/","og_locale":"pt_BR","og_type":"article","og_title":"TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego","og_description":"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes","og_url":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/","og_site_name":"Suno Not\u00edcias","article_publisher":"https:\/\/facebook.com\/sunoresearch","og_image":[{"width":1200,"height":800,"url":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg","type":"image\/jpeg"}],"author":"Ma\u00edra Telles","twitter_card":"summary_large_image","twitter_creator":"@sunoresearch","twitter_site":"@sunoresearch","twitter_misc":{"Escrito por":"Ma\u00edra Telles","Est. tempo de leitura":"5 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#article","isPartOf":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/"},"author":{"name":"Ma\u00edra Telles","@id":"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/0a8b51292bb96ee5f104094c0907eaef"},"headline":"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa","datePublished":"2025-11-06T16:31:15+00:00","dateModified":"2025-11-06T16:31:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/"},"wordCount":828,"publisher":{"@id":"https:\/\/www.suno.com.br\/noticias\/#organization"},"image":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage"},"thumbnailUrl":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg","keywords":["Totvs (TOTS3)"],"articleSection":["Neg\u00f3cios"],"inLanguage":"pt-BR"},{"@type":"WebPage","@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/","url":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/","name":"TOTVS 3T25: ERP acelera, mas RD Station perde f\u00f4lego","isPartOf":{"@id":"https:\/\/www.suno.com.br\/noticias\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage"},"image":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage"},"thumbnailUrl":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg","datePublished":"2025-11-06T16:31:15+00:00","dateModified":"2025-11-06T16:31:22+00:00","description":"TOTVS tem alta em ERP e Techfin no 3T25, mas RD Station avan\u00e7a menos e levanta d\u00favidas entre analistas. Veja os detalhes","breadcrumb":{"@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#primaryimage","url":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg","contentUrl":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3.jpg","width":1200,"height":800,"caption":"Totvs (TOTS3) - Foto: Divulga\u00e7\u00e3o"},{"@type":"BreadcrumbList","@id":"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Not\u00edcias","item":"https:\/\/www.suno.com.br\/noticias\/"},{"@type":"ListItem","position":2,"name":"Neg\u00f3cios","item":"https:\/\/www.suno.com.br\/noticias\/negocios\/"},{"@type":"ListItem","position":3,"name":"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa"}]},{"@type":"WebSite","@id":"https:\/\/www.suno.com.br\/noticias\/#website","url":"https:\/\/www.suno.com.br\/noticias\/","name":"Suno Not\u00edcias","description":"Seu portal de informa\u00e7\u00e3o sobre o mundo dos investimentos","publisher":{"@id":"https:\/\/www.suno.com.br\/noticias\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.suno.com.br\/noticias\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/www.suno.com.br\/noticias\/#organization","name":"Suno Not\u00edcias","url":"https:\/\/www.suno.com.br\/noticias\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.suno.com.br\/noticias\/#\/schema\/logo\/image\/","url":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2021\/09\/suno-logo.png","contentUrl":"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2021\/09\/suno-logo.png","width":180,"height":180,"caption":"Suno Not\u00edcias"},"image":{"@id":"https:\/\/www.suno.com.br\/noticias\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/sunoresearch","https:\/\/x.com\/sunoresearch","https:\/\/www.instagram.com\/suno","https:\/\/www.linkedin.com\/company\/suno-research\/","https:\/\/www.youtube.com\/c\/sunoresearch"]},{"@type":"Person","@id":"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/0a8b51292bb96ee5f104094c0907eaef","name":"Ma\u00edra Telles","image":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/www.suno.com.br\/noticias\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8d13691eab6abc1d1050b62a4c2a6116?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8d13691eab6abc1d1050b62a4c2a6116?s=96&r=g","caption":"Ma\u00edra Telles"},"description":"Jornalista com passagem por reda\u00e7\u00f5es como ESPN, especializa\u00e7\u00e3o em marketing digital e em gest\u00e3o de crise. Com foco no mercado financeiro e no setor agropecu\u00e1rio, desenvolve conte\u00fados estrat\u00e9gicos e especializados para m\u00faltiplas plataformas, unindo an\u00e1lise de investimentos e neg\u00f3cios","url":"https:\/\/www.suno.com.br\/noticias\/author\/mairaftellesgmail-com\/"}]}},"default_loop_html":"<div class=\"cardsPage__listCard__boxs\"><div class=\"cardsPage__listCard__boxs__img\"><a href=\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\"><img class=\"mask\" src=\"https:\/\/www.suno.com.br\/noticias\/wp-content\/themes\/suno\/resources\/images\/spotlight\/spotlight1img\/bg-mask.png\" alt=\"Image Mask\"\/><img src=\"https:\/\/files.sunoresearch.com.br\/n\/uploads\/2023\/10\/totvs-tots3-400x200.jpg\" alt=\"Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa\"\/><\/a><span class=\"spotlightCategory\"><a href=\"https:\/\/www.suno.com.br\/noticias\/negocios\/\">Neg\u00f3cios<\/a><\/span><\/div><div class=\"cardsPage__listCard__boxs__content\"><a href=\"https:\/\/www.suno.com.br\/noticias\/totvs-3t25-erp-acelera-rd-station-mt\/\"><h2 class=\"content__title\">Balan\u00e7o da TOTVS (TOTS3) divide o mercado: ERP acelera, mas RD Station ainda derrapa<\/h2><\/a><div class=\"newsContent__article__meta\"><div class=\"newsContent__article__meta__authorBox\"><a href=\"https:\/\/www.suno.com.br\/noticias\/author\/mairaftellesgmail-com\/\" class=\"authorBox__avatar noMobi\"><img src=\"https:\/\/secure.gravatar.com\/avatar\/8d13691eab6abc1d1050b62a4c2a6116?s=96&#038;r=g\" alt=\"Ma\u00edra Telles\"><\/a><div class=\"authorBox__name\"><span>por\n\t\t\t<a href=\"https:\/\/www.suno.com.br\/noticias\/author\/mairaftellesgmail-com\/\"><span itemprop=\"author\">Ma\u00edra Telles<\/span><\/a><\/span><time datetime=\"2025-11-06T13:31:15-03:00\" itemprop=\"datePublished\">06\/11\/2025 13:31<\/time><\/div><\/div><\/div><\/div><\/div>","single_layout":"posts","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/posts\/631385"}],"collection":[{"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/users\/402"}],"replies":[{"embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/comments?post=631385"}],"version-history":[{"count":3,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/posts\/631385\/revisions"}],"predecessor-version":[{"id":631395,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/posts\/631385\/revisions\/631395"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/media\/478859"}],"wp:attachment":[{"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/media?parent=631385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/categories?post=631385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/tags?post=631385"},{"taxonomy":"suno_strategy","embeddable":true,"href":"https:\/\/www.suno.com.br\/noticias\/wp-json\/wp\/v2\/suno_strategy?post=631385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}