— 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
Earnings Preview: Will American Express’ Q4 report impress the market?
American Express Company (NYSE: AXP) is expected to report higher revenue and profit for the fourth quarter of fiscal 2024. Last year, the credit card giant delivered stable financial performance,
Constellation Brands (STZ): A look at the dark clouds and the silver lining
Shares of Constellation Brands (NYSE: STZ) stayed red on Friday. The stock has dropped 23% over the past three months. The beer giant faced several challenges during the third quarter
What to look for when Halliburton Company (HAL) reports Q4 2024 results?
Halliburton Company (NYSE: HAL) is expected to report fourth-quarter results on Wednesday, January 22, at 6:45 am ET. The oilfield service provider is currently recovering from a rough patch, marked