Nubank's quarterly net profit tops $1 billion for the first time, beating estimates
NU Nu Holdings Ltd
$13.93 +2.73%
View chart & analysis → - 1Brazilian digital bank Nubank (NU) posted quarterly net profit exceeding $1 billion for the first time, surpassing analyst expectations
- 2Nu Holdings' net profit for April–June was $1.06 billion, up 49% year-on-year on a constant-currency basis, beating the Visible Alpha estimate of $967.2 million
- 3Net revenue rose 39% to $5.88 billion, and shares climbed about 9% in extended trading to roughly $15.25
This 3-line summary is compiled from the report below.
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