Brazil's PagBank posts 33% increase in first-quarter recurring net profit
23/05/2024 21:11
SAO PAULO, May 23 (Reuters) - Brazilian payment firm
PagBank PAGS.N reported on Thursday a 33% rise in its first
quarter net recurring profit from a year earlier.
PagBank posted a 522 million reais ($101.31 million) net
recurring profit for the quarter ended in March, while analysts
polled by LSEG expected 475.2 million reais.
($1 = 5.1527 reais)
(Reporting by Andre Romani; editing by Jonathan Oatis)
((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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