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Payment platform dLocal says it is investing heavily in Argentina. The company plans to invest $100 million in that country, while hiring 400 new workers in the near and medium term, according to a Thursday (June 15) press release.
Investors looking for stocks in the Financial Transaction Services sector might want to consider either DLocal (DLO) or MasterCard (MA). But which of these two stocks presents investors with the better value opportunity right now?
CrowdStrike's cybersecurity products are vital. dLocal's reputation hasn't recovered since the publication of a short-seller report.
Growth was in the cards for the ambitious, Uruguay-based fintech. It posted double-digit growth in key financial metrics during its inaugural quarter of 2023.
Struggling stocks such as Taiwan Semiconductor, DLocal, Autodesk, Twilio, and Adobe are being discounted due to broad market trends and challenges. Each of these stocks has unique strengths and growth potential, making them attractive long-term investments.
MONTEVIDEO, Uruguay, April 19, 2023 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “DLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2023 on May 17, 2023 after market close.
Payment platform dLocal has debuted a new “all-in-one” tool for online businesses. dLocal for Platforms lets dLocal onboard sellers, service providers or contractors to the platform, while dLocal verifies them before paying out, according to a Thursday (April 13) press release.
Investors seemed to have concerns about the earnings miss, growth projections, and other extraneous issues. But not all aspects of the earnings report were bad, and the market seems to be buying the dip.
DLocal Limited (NASDAQ:DLO ) Q4 2022 Earnings Conference Call April 5, 2023 8:00 AM ET Company Participants Soledad Nager - Head of Investor Relations Sebastian Kanovich - Chief Executive Officer Maria Oldham - Vice President of Corporate Development and Investor Relations Jacobo Singer - President and Chief Operating Officer Diego Cabrera Canay - Chief Financial Officer Conference Call Participants Tito Labarta - Goldman Sachs Jorge Echevarria - Morgan Stanley Jason Kupferberg - Bank of America Neha Agarwala - HSBC Andrew Bauch - SMBC Nikko Securities Kaio Prato - UBS Operator Good day. Thank you for standing by.
dLocal missed estimates for earnings and revenue. Still, the company's 2023 guidance looked solid.