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.
(Reporting by Kylie Madry)
((Kylie.Madry@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.