Related topics

DLocal: Q1 Earnings Snapshot

May 17, 2022 GMT

MONTEVIDEO, Uruguay (AP) _ DLocal Ltd. (DLO) on Tuesday reported first-quarter net income of $26.3 million.

On a per-share basis, the company said it had profit of 8 cents.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The online payment company posted revenue of $87.5 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $83.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLO at https://www.zacks.com/ap/DLO