StoneCo (STNE) Reports Q1 Adjusted Net Income of R$132.2M
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StoneCo Reports First Quarter 2022 Results
June 2, 2022 4:05 PM EDTRevenue growth of 138.6% year-over-year in 1Q22 to R$2.07 billion;
Strong improvement in profitability, with Adj. Pre-Tax Income of R$163 million in 1Q22, up from R$17 million in 4Q21 and above our guidance of over R$140 million;
MSMB take rate improvement from 1.71% in 4Q21 to 2.06% in 1Q22
GEORGE TOWN, Grand Cayman, June 02, 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... More
