DLocal: Q4 Earnings Snapshot
MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — DLocal Ltd. (DLO) on Monday reported fourth-quarter profit of $28.5 million.
The company said it had net income of 10 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.
The online payment company posted revenue of $188 million in the period.
For the year, the company reported profit of $149 million, or 49 cents per share. Revenue was reported as $650.4 million.
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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