Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of DLocal Are Falling Today

TheMotleyFool

0 0

Why Shares of DLocal Are Falling Today: https://g.foolcdn.com/editorial/images/697680/generic-downward-stock3.jpg

Shares of Uruguayan payments company DLocal (NASDAQ: DLO) traded 14% lower as of 10:13 a.m. ET today after the company reported earnings results for the second quarter of the year.

DLocal reported diluted earnings per share of $0.10 on total revenue of $101.2 million, both numbers that slightly beat analyst estimates for the quarter.

Total payment volume across DLocal's platform in Q2 hit roughly $2.4 billion in the quarter, which is up 67% year over year and up 16% from the first quarter of 2022.

Source Fool.com

Like: 0

DLO

Share