— StoneCo (NASDAQ: STNE) reported fourth quarter 2019 adjusted earnings of BRL 275 million, which was up 76% from BRL 155.9 million in the fourth quarter of 2018.
— Total revenue and income rose 48% year-over-year to BRL 782.9 million.
— On a reported basis, net income was BRL 264 million in 4Q19, compared to BRL 127.1 million in 4Q18.
— Revenue from Transaction Activities and Other Services increased 32% to BRL 230.3 million and revenue from Subscription Services and Equipment Rental grew 32% to BRL 916 million in the fourth quarter of 2019.
— Total payment volume increased 51% to BRL 40.2 million.
— Active clients rose 84% to 495,100, with strong total net addition of 66,200 in the fourth quarter.
— STNE stock, which climbed 9.95% in the regular session today, was broadly unchanged in the after-hours session.
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed
