Categories Earnings, Technology

StoneCo (STNE) Q4 2019 Earnings Snapshot

— 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.

Earnings Update by AlphaStreet

— 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.

Get access to timely and accurate in verbatim transcripts that are published within hours of the event

Most Popular

Nike (NKE) looks set to beat hurdles and build a brighter future

Nike, Inc. (NYSE: NKE) has long been ruling the sportswear market but the company had its share of problems when headwinds like the pandemic and economic slowdown hit the business

Electronic Arts (EA): A few points to keep in mind if you have an eye on this gaming company

Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has dropped 7% over the past three months. The video game industry has been facing challenges as

Petros Pharma is focused on establishing mechanisms for Rx-to-OTC switch: CCO Fady Boctor

Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) is a pharma company focused on identifying, developing, and commercializing therapeutics for men's health issues. It operates mainly through the business segments of Prescription Medications

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