By Denny Jacob
DLocal shares rose 15% after its latest quarterly results highlighted year-over-year growth.
Shares were trading around $11.75. The stock is up about 0.6% on the year.
The online payments-focused company recorded first-quarter revenue of $216.8 million, an 18% increase from a year earlier. Analysts polled by FactSet expected $210.1 million.
DLocal said its topline figure was driven by higher cross-border share. It noted that total payment volume rose 53% from a year earlier to $8.1 billion.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
May 15, 2025 12:05 ET (16:05 GMT)
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