DLO Stock Recent News

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.

Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre CFO Pedro Arnt as its new co-CEO. Shares closed up nearly 32% at $20.45, after climbing as high as $24.

Shares of Uruguayan financial technology (fintech) specialist Dlocal (NASDAQ: DLO ) initially soared 50% on Wednesday before paring down gains to around 36% up. Undergirding the robust enthusiasm was a C-suite pickup; specifically, former MercadoLibre (NASDAQ: MELI ) CFO Pedro Arnt will step in as Dlocal's co-CEO, effective immediately.

Revenue and earnings topped estimates for the second quarter. Revenue growth accelerated for the second straight quarter.

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A new co-CEO, a potential sale, and rapid growth. Is dLocal stock a buy?

DLocal (DLO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Here we have picked two business service stocks that are likely to beat earnings estimates, namely, DLocal Limited (DLO) and Gambling.com (GAMB).

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of DLocal (DLO) and Visa (V). But which of these two stocks is more attractive to value investors?