DLO - dLocal GAAP EPS of $0.06 misses by $0.06 revenue of $184.43M misses by $5.41M
2024-05-14 16:08:07 ET
- dLocal press release ( NASDAQ: DLO ): Q1 GAAP EPS of $0.06 misses by $0.06 .
- Revenue of $184.43M (+34.3% Y/Y) misses by $5.41M .
- Total Payment Volume reached a record US$5.3 billion in the first quarter, up 49% year-over-year compared to US$3.6 billion in the first quarter of 2023 and up 4% compared to US$5.1 billion in the fourth quarter of 2023.
- As of March 31, 2024, dLocal had US$572.4 million in cash and cash equivalents, including US$211.9 million of own funds and US$360.5 million of merchants’ funds. The consolidated cash position increased by US$54.5 million from US$517.9 million as of March 31, 2023. When compared to the US$536.2 million cash position as of December 31, 2023, it increased by US$36.2 million.
- Shares -11.63% .