StoneCo (STNE) Q1 Revenue Tops Consensus, Announces Buyback Plan
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StoneCo Reports First Quarter 2019 Financial Results and Announces Share Repurchase Program
May 13, 2019 4:07 PM EDTSO PAULO, Brazil, May 13, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (Stone or the Company), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today reported its full financial results for the first quarter of 2019.
Final results for the quarter were generally above the preliminary ranges the Company reported on April 1, 2019. Total Revenue and Income, Net Income, and Adjusted Net Income in 1Q19 were all above the top end of the Companys reported ranges with record profit margins, driven by TPV at the... More
