StoneCo ($STNE) and Dlocal ($DLO) released their quarterly earnings with mixed results. StoneCo's revenue missed by $27.76M while EPS beat by $0.06. Dlocal's revenue beat expectations but EPS missed. Dlocal forecasts record payment volumes in 2024.
Shares of Uruguayan payments fintech Dlocal posted their worst performance since May 2023 after the company missed earnings forecasts and flagged that higher spending would weigh on margins this year. https://t.co/nqqP0NFJEv
Shares of Uruguayan payments fintech Dlocal posted their worst performance since May 2023 after the company missed earnings forecasts and flagged that higher spending would weigh on margins this year. https://t.co/guFy7CBTZ4
$DLO Down 8% pre market DLocal (DLO) released its quarterly earnings. Revenue of $188.01M (+58.75% YoY) beats by $14.32M. EPS of $0.10 (+66.67% YoY) misses by $0.05. https://t.co/7zKdMKTAUo