DLocal Limited (DLO) Announces Proposed 16M Share Secondary Offering

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DLocal Limited (DLO) Reports Prelim Q3 Revenue of $67-$68M, Growth of ~120%

October 18, 2021 4:49 PM EDT

DLocal Limited (NASDAQ: DLO), a technology-first payments platform today announced preliminary financial and operating results for the third quarter ended September 30, 2021. We are in the process of finalizing our results for our fiscal quarter ended September 30, 2021. The following discussion presents our preliminary estimates.

Preliminary Estimates of Operating Results for the Three Months Ended September 30, 2021

We estimate our total payment volume, or TPV, for the three months ended September 30, 2021 to be between $1,780 million and $1,800 million, compared with $572 million for the same period of 2020, representing expected growth of between 211% and... More