Brazil's StoneCo reports 90% growth in first-quarter profit

StoneCo

13/05/2024 21:04

SAO PAULO, May 13 (Reuters) - Brazilian payment
processor StoneCo  STNE.O  reported on Monday a 90% jump in its
first-quarter adjusted net profit. 
    The company posted an adjusted net profit of 450.4 million
reais ($87.48 million), against an estimate of 462.43 million
reais from analysts polled by LSEG.
    
($1 = 5.1486 reais)

 (Reporting by Peter Frontini; Editing by Kylie Madry)
 ((Peter.Siqueira@thomsonreuters.com;))