UPDATE: Citi Upgrades StoneCo Ltd. (STNE) to Buy
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StoneCo Reports Fourth Quarter and Fiscal Year 2021 Results
March 17, 2022 4:05 PM EDTTotal Revenue and Income growth of 87% year-over-year in 4Q21 to R$1.9 billion;Record Quarterly Net Addition of 378k Clients, reaching 1.8 million Active Clients;MSMB Take Rate sequential increase to 1.71% in 4Q21 and 2.02% in January/22
GEORGE TOWN, Grand Cayman, March 17, 2022 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone or the Company), a leading provider of financial technology and software solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its fourth quarter and fiscal year ended December 31, 2021.
... MoreStoneCo Announces New Executive Management Appointments
March 17, 2022 4:05 PM EDTGEORGETOWN, Cayman Islands, March 17, 2022 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone or the Company) announces new executive management appointments to support the evolution of the company and its future execution.
Caio Fiuza, who was the Head of our micro-merchant business TON, was appointed COO of our Financial Platform Division. Gilsinei Hansen, who was the Head of Linx Core division, was appointed COO of our Software Division, which encompasses our Linx business and Stones portfolio of software solutions. João Bernartt, former Board Member of several retail... More
StoneCo Reports Fourth Quarter and Fiscal Year 2021 Results
March 17, 2022 4:05 PM EDTTotal Revenue and Income growth of 87% year-over-year in 4Q21 to R$1.9 billion;
Record Quarterly Net Addition of 378k Clients, reaching 1.8 million Active Clients;
MSMB Take Rate sequential increase to 1.71% in 4Q21 and 2.02% in January/22
GEORGE TOWN, Grand Cayman, March 17, 2022 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone or the Company), a leading provider of financial technology and software solutions that empowers merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its fourth quarter and fiscal year ended December 31,... More
StoneCo Announces New Executive Management Appointments
March 17, 2022 4:05 PM EDTGEORGETOWN, Cayman Islands, March 17, 2022 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone or the Company) announces new executive management appointments to support the evolution of the company and its future execution.
Caio Fiuza, who was the Head of our micro-merchant business TON, was appointed COO of our Financial Platform Division. Gilsinei Hansen, who was the Head of Linx Core division, was appointed COO of our Software Division, which encompasses our Linx business and Stones portfolio of software solutions. João Bernartt, former Board Member of several retail... More