DLocal Limited (DLO) Misses Q3 EPS by 1c
DLocal Limited (NASDAQ: DLO) reported Q3 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $68.6 million versus the consensus estimate of $65.13 million.
“We continue to see strong growth across multiple verticals as we see local economies continue to bounce back and global merchants prioritize their efforts in emerging markets. We continue to execute on our strategy to make the complex simple for our merchants. We continue to add new product capabilities on our platform that enhance our merchants’ ability to benefit from higher conversion. We continue to add new countries to our infrastructure network while continuing to add more payment methods and partners in markets in Latin America, Asia and Africa,” said Sebastian Kanovich.
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