Nu Hldgs Ltd Stock Price, News & Analysis

Nu Holdings Ltd. (NYSE: NU) reported its Q4 and FY 2022 financial results, showcasing substantial growth across key metrics. The company achieved a net income of over $58 million in Q4, excluding a one-time non-cash effect, while total revenues reached $1.45 billion for the quarter and $4.8 billion for the year, marking a 168% YoY increase. Nu also expanded its customer base to 75 million, with significant gains in Brazil, where it reported a net income of $138 million and an annualized ROE of 35%. The company's gross profit margin improved to 40%, highlighting its operational efficiency.

Nu Holdings Ltd. (NYSE: NU) reported outstanding Q4 2022 and full-year results, achieving a net income of $58 million and $138 million in Brazil alone. The company added 4.2 million customers in Q4, reaching a total of 75 million customers across Brazil, Mexico, and Colombia. With revenues of $1.45 billion for Q4 and $4.8 billion for FY 2022, marking a 168% YoY increase, Nu exhibited strong operational efficiency with a gross profit margin of 40%. Despite macroeconomic challenges, the company maintained low delinquency rates and improved its operating leverage, showcasing its potential for future growth.

Nu Holdings Ltd. (NYSE: NU), a leading digital financial services platform, has announced a conference call on February 14, 2023, at 5:00 p.m. Eastern Time to discuss its Q4 and full-year 2022 financial results. The earnings report will be released after market close on the same day. Notably, the company is entering a quiet period starting January 30, 2023. Nu serves approximately 70 million customers across Brazil, Mexico, and Colombia by providing innovative financial solutions. The call will provide investors with insights into the company's performance and future guidance.

Nu Holdings Ltd. (NYSE: NU) reported impressive Q3 2022 financial results, with a net profit of $7.8 million and record revenues of $1.3 billion, marking a 171% year-over-year growth. The customer base grew to 70.4 million, representing a 46% increase, and the activity rate hit 82%. Despite rising delinquency rates, the company managed to improve its risk-adjusted margins by 100bps. The gross profit reached $427 million, with a margin expansion of 2 percentage points.

Nu Holdings Ltd. (NYSE: NU) will host a conference call on November 14, 2022 at 5:00 p.m. Eastern Time to discuss its third quarter 2022 financial results. The earnings release will be available after the market closes on the same day. The quiet period will commence on October 30, 2022, during which the company will refrain from discussing financial results with the market. Nu serves 70 million customers in Brazil, Mexico, and Colombia, focusing on innovative financial services.

Nu Holdings Ltd. (NYSE: NU) reported strong growth in its Q2 2022 financial results, with revenues hitting a record $1.2 billion, a 230% increase YoY. The company achieved a net income of $17 million, bolstered by a customer base of 65.3 million, up 57% YoY. Notably, Brazil's operations turned profitable, generating $13 million in net income during H1 2022. Significant growth was noted in both Mexico and Colombia, where Nu became the leading issuer of new credit cards. The average revenue per active customer surged 105% to $7.8, reflecting Nu's effective product upselling strategies.

Nu Holdings Ltd. (NYSE: NU) announced its record Q1 2022 financial results, posting a substantial $887 million in revenue, a 226% YoY increase. The customer base grew by 5.7 million, reaching 59.6 million, with an average revenue per active customer rising to $6.7. The gross profit also surged to $294.1 million, marking a 131% YoY growth. Adjusted net income was $10.1 million, a significant turnaround from last year’s loss. Despite macroeconomic challenges, the company maintains strong customer engagement and low service costs.

Nu Holdings Ltd. (NYSE: NU) announced a conference call on May 16, 2022, at 6:00 p.m. EST to discuss its first-quarter 2022 financial results to be released after market close. Additionally, the final lock-up release date for ordinary shares held by shareholders, including officers and directors, has been modified to May 17, 2022, coinciding with the earnings release. Nu is a leading digital banking platform in Brazil, Mexico, and Colombia, serving nearly 54 million customers.

Nu Holdings Ltd. (NYSE: NU) reported strong Q4 and FY 2021 results, showcasing significant growth in customer base and revenues. In Q4, customer growth surged by 5.8 million, totaling 53.9 million across Brazil, Mexico, and Colombia. Revenue reached $635.9 million, up 224.3% YoY, with FY 2021 total revenue hitting $1.7 billion. The company achieved positive adjusted net income of $3.2 million in Q4 and $6.6 million for the year. Nu's IPO raised approximately $2.8 billion, marking a noteworthy milestone in retail investor participation in Brazil.