DLO - What's Going On With DLocal Stock Wednesday? | Benzinga
DLocal Ltd (NASDAQ: DLO) shares are trading lower Wednesday after the company reported worse-than-expected financial results and reaffirmed guidance below estimates.
- Q3 Revenue: $163.92 million missed estimates of $168.51 million
- Q3 EPS: 13 cents missed estimates of 15 cents
Revenues were up 47% year-over-year. Total payment volume grew to $4.6 billion in the third quarter, up 69% on a year-over-year basis.
"During Q3, we experienced sound ...