StoneCo (STNE) Tops Q1 EPS by R$ 6c, Tops on Revenue

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StoneCo Reports First Quarter 2023 Results

May 17, 2023 4:05 PM EDT

 

Revenue of R$2.7 billion, + 31% y/y (vs R$2.6+ billion guidance);Adjusted EBT (including share-based compensation expenses) of R$324.0 million, +371% y/y (vs R$265+ million guidance);MSMB TPV of R$78.9 billion, +25% y/y (vs R$77.0 - R$78.0 billion guidance and over 2x industry growth)

 

GEORGE TOWN, Grand Cayman, May 17, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (Stone or the Company) today reports its financial results for its first quarter ended March 31, 2023.

 

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