DLO Stock Recent News

Alphabet's advertising revenue is starting to return. Airbnb has put up strong growth throughout the year.

DLocal Limited (NASDAQ:DLO ) Q3 2023 Earnings Conference Call November 22, 2023 8:00 AM ET Company Participants Soledad Nager - Head of IR Pedro Arnt - Co-CEO Maria Oldham - SVP of Corporate Development, IR, and Strategic Finance Diego Cabrera Canay - CFO Sebastian Kanovich - Co-CEO Sergio Fogel - Co-President and Chief Strategy Officer Conference Call Participants Jorge Kuri - Morgan Stanley Tito Labarta - Goldman Sachs Jason Kupferberg - Bank of America Jamie Friedman - Susquehanna International Group Neha Agarwala - HSBC John Coffey - Barclays Matt Coad - Autonomous Research Guilherme Grespan - JPMorgan Kaio Da Prato - UBS Ashwin Shirvaikar - Citi Operator Good day, and thank you for standing by. Welcome to DLocal's Third Quarter 2023 Results Conference Call.

DLocal is a cross-border payment processor that connects global merchants to emerging markets, offering over 900 local payment methods. The company provides simplified payments, improved acceptance rates, and enhanced fraud protection for merchants operating in emerging markets. Despite risks such as political and regulatory challenges, DLocal has demonstrated strong financial performance and is recommended as a "Buy" with a margin of safety.

Payments service provider dLocal has launched a partnership with British remittances firm ACE Money Transfer. The companies say their collaboration, announced in a news release Tuesday (Oct. 24), is designed to improve payout services across the Asia-Pacific (APAC) region and Europe, the Middle East and Africa (EMEA).

DLocal has immense revenue growth with a most recent quarterly growth of 59%. The company operates a payment processing platform in emerging markets, with a current large focus on Latin America. The company has achieved good profitability while growing with stable cash flows.

Investors looking for stocks in the Financial Transaction Services sector might want to consider either Paysafe Limited (PSFE) or DLocal (DLO). But which of these two stocks presents investors with the better value opportunity right now?

In today's dynamic investment landscape, while many innovators have stolen the limelight with impressive yields, it's equally crucial to have a keen eye on tech stocks to avoid. Recognizing potential pitfalls isn't the most pleasant task, but it's indispensable for a disciplined and holistic market strategy.

Palantir's artificial intelligence-powered software has made it a leader in its field. dLocal's emerging market payment processing software is popular among big-name clients.

Investors interested in Financial Transaction Services stocks are likely familiar with Paysafe Limited (PSFE) and DLocal (DLO). But which of these two stocks presents investors with the better value opportunity right now?

DLocal posted Q2 sales and earnings that beat the market's expectations. The company also announced that it was appointing MercadoLibre's former CFO as co-CEO.