Fintech dLocal more than doubles net profit in first quarter
ReutersMay 14, 2025 8:17 PM
May 14 (Reuters) - Uruguayan fintech dLocal DLO.O on Wednesday announced a first-quarter net profit of $46.63 million, more than doubling from a year earlier and landing above the $36.4 million estimate of analysts polled by LSEG.
Revenues for the payments provider, which operates across over 40 markets in Africa, Asia and Latin America, meanwhile climbed 18% to $216.8 million, above the $210.1 million forecast by analysts.
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