DLocal Shares Slip as Profit Miss Overshadows Record $14 Billion Payment Volume
DLocal posted a 10% slide in first-quarter profit Thursday, weighed down by a one-off tax hit along with rising costs—factors that knocked the stock lower in after-hours trading. The Montevideo payments company reported net income of $41.9 million, or 14 cents per diluted share, compared with $46.7 million in the same period last year.
