dLocal Ltd. (DLO) News
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DLO News Highlights
- For DLO, its 30 day story count is now at 11.
- Over the past 20 days, the trend for DLO's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- AMP, PAY and BASE are the most mentioned tickers in articles about DLO.
Latest DLO News From Around the Web
Below are the latest news stories about DLOCAL LTD that investors may wish to consider to help them evaluate DLO as an investment opportunity.
Investors need to pay close attention to DLocal (DLO) stock based on the movements in the options market lately.
Fred Alger Management, an investment management company, released its “Alger Small Cap Growth Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund outperformed the Russell 2000 Growth Index. The Information Technology and Healthcare sectors contributed to the fund’s relative performance in the quarter, […]
DLocal Limited (DLO)
Q3 2023 Earnings Conference Call
November 22, 2023, 08:00 AM ET
Soledad Nager - Head of IR
Pedro Arnt - Co-CEO
Maria Oldham - SVP of Corporate Development, IR, and Strategic Finance
Diego Cabrera Canay - CFO
Sebastian Kanovich - Co-CEO
Sergio Fogel - Co-President and Chief Strategy Officer
Conference Call Participants
Jorge Kuri - Morgan Stanley
Tito Labarta - Goldman Sachs
Jason Kupferberg - Bank of America
Jamie Friedman - Susquehanna International Group
Neha Agarwala - HSBC
John Coffey - Barclays
Matt Coad - Autonomous Research
Guilherme Grespan - JPMorgan
Kaio Da Prato - UBS
DLocal Limited (NASDAQ:DLO) Q3 2023 Earnings Call Transcript November 22, 2023 Operator: Good day, and thank you for standing by. Welcome to DLocal’s Third Quarter 2023 Results Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to the company for prepared remarks […]
Q3 2023 Dlocal Ltd Earnings Call
In this video, I will go over DLocal's (NASDAQ: DLO) third-quarter earnings report. The company missed on both top and bottom lines and has announced that the current CFO is stepping down. This is still a high-growth stock but the outlook remains blurry.
The finance chief for Uruguayan fintech dLocal will step down from his role next year, the company said on Tuesday, marking the latest executive shakeup even as the company reported third-quarter earnings that rose 25%. The payments provider said CFO Diego Cabrera was leaving the company "to pursue new opportunities," without explaining further. It added that Cabrera would stay on through the first quarter of next year to ensure a smooth transition, though it did not name his replacement.
Third Quarter 2023US$4.6 billion Total Payment Volume, up 69% year-over-year and 6% quarter-over-quarterRevenue of US$164 million, up 47% year-over-year and 2% quarter-over-quarter141% Net Revenue Retention RateGross Profit of US$75 million, up 38% year-over-year and 5% quarter-over-quarterAdjusted EBITDA of US$56 million, up 34% year-over-year and 7% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, Nov. 21, 2023 (GLOBE NEWS
Brazil-focused fintechs, including two backed by Warren Buffett, are thriving amid a strong economy, internet user growth and the unbanked.
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...