Categories Earnings, Finance

StoneCo (NASDAQ: STNE): Q3 2019 Earnings Snapshot

— StoneCo (NASDAQ: STNE) reported adjusted net income of R$202 million for the third quarter of 2019, up 126% from the year-ago period.

— Net income, on an unadjusted basis, more than doubled to R$193.1 million

— Total revenue and income climbed 62% annually to R$671.1 million; total payment volume was R$ 32.6 billion, up 50% year-over-year

— Reached a total base of 428,900 active clients and continued the roll-out of new software, credit and banking solutions

— On track to launch an integrated financial platform in the first quarter of 2020

— Expects previously-announced partnership with Globo to be operational in 1Q20, pending antitrust approval

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

These fast-food stocks can strengthen your portfolio this year. Here’s why

For American restaurant chains, the early months of the pandemic were a challenging period. But soon things changed for the better as people started ordering their favorite food items online

What to expect when McCormick & Company (MKC) reports Q1 results next week

Shares of McCormick & Company, Incorporated (NYSE: MKC) were up over 2% on Friday. The stock has dropped 12% year-to-date. The condiments manufacturer is scheduled to report its first quarter 2023

KB Home (KBH) Earnings: 1Q23 Key Numbers

KB Home (NYSE: KBH) reported total revenues of $1.38 billion for the first quarter of 2023 which was relatively flat compared to the same period last year. Net income of

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top