Stoneco Ltd. Stock Price, News & Analysis

StoneCo Ltd. (Nasdaq: STNE) will host a conference call on June 1, 2021, at 5:00 PM ET to discuss its Q1 2021 financial results. The results will be released after market close on the same day.

Investors can join the call by dialing (412) 317-6346 or (844) 204-8586 in the U.S. International participants can access the call via country-specific numbers. A live webcast will also be available on Stone's investor relations website.

StoneCo Ltd. (NASDAQ: STNE) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. SEC. The report details the company's financial performance and is accessible on both the SEC's and Stone's Investor Relations websites. Shareholders can request copies of the report free of charge. As a leading financial technology provider, Stone offers solutions that enable merchants to conduct commerce efficiently across various channels, supporting their business growth.

StoneCo Ltd. (STNE) announced a conference call to discuss its fourth quarter and fiscal year 2020 financial results on March 11, 2021, at 5:00 PM ET. A press release detailing these financial results will be issued after market closure on the same day. Investors can access the call via phone or live webcast, with replay options available shortly after the call concludes. StoneCo is a key player in financial technology, assisting merchants in seamless commerce across various channels.

StoneCo Ltd. (Nasdaq: STNE) has successfully completed the issuance of R$580 million in FIDC quotas, raising R$493 million in capital for its credit solution aimed at small and medium-sized businesses (SMBs) in Brazil. The issuance includes R$348 million in senior quotas rated brAAA with a yield of CDI + 4% per year, and R$145 million in mezzanine quotas rated brBBB with a CDI + 7% yield. The decision to raise the offer size reflects strong demand, totaling nearly R$1 billion. This strategic move enhances Stone’s position as a comprehensive financial platform for SMBs while managing credit risk exposure.

On November 17, 2020, StoneCo Ltd. (STNE) announced the approval of its business combination with Linx S.A. during the Linx Extraordinary General Meeting. This merger, which integrates Linx's retail management software with Stone's financial technology solutions, now awaits antitrust approval from Brazilian authorities (CADE) and other necessary conditions. Key approvals include the waiver for STNE to list on Novo Mercado and the tender offer waiver for Linx's shares. The deal is seen as beneficial for all stakeholders involved.

StoneCo Ltd. (STNE) has announced an increase in the cash consideration for Linx shareholders in its pending merger with Linx S.A. The cash price per Linx share rises to R$ 33.56, accompanied by 0.0126774 Stone Class A common shares, totaling R$ 38.06, reflecting a 44.6% premium over Linx's 30-day VWAP. This increase is subject to approval during the Linx Extraordinary Shareholders meeting on November 17, 2020. The merger is positioned to enhance value for stakeholders and accelerate Stone's mission in Brazil's commerce sector.

StoneCo Ltd. (Nasdaq: STNE) reported robust Q3 2020 results, with Total Payment Volume (TPV) of R$69.7 billion, up 113.8% year-over-year. Revenue reached R$934.3 million, a 39.2% increase, and adjusted net income grew 42.6% to R$287.9 million, marking a net margin of 30.8%. The active client base expanded to 582.9 thousand, showing a 40.9% year-over-year increase. Notably, operational leverage led to an adjusted pre-tax margin of 45.2%. Despite challenges from COVID-19, Stone's diverse financial solutions have positioned it for continued growth.

StoneCo Ltd. (STNE) has announced it will waive a R$112.5 million breakup fee and increase the cash offer to Linx shareholders by R$0.50 per share in a bid to finalize their merger. If approved on November 17, 2020, each Linx share will receive R$32.06 plus 0.0126774 shares of Stone, totaling R$35.96, representing a 36.6% premium. This decision follows a review by Linx’s Independent Board Members, who deemed the Stone transaction offers more value and certainty than a competing proposal from Totvs. The transaction is subject to regulatory approvals.

StoneCo Ltd. (NASDAQ: STNE) will host a conference call on October 29, 2020, at 5:00 PM ET to discuss its Q3 2020 financial results. A press release with the results will be issued after the market closes on the same day. The conference call can be accessed via phone or live webcast, with details available on Stone's investor relations website. Stone is recognized for providing financial technology solutions that facilitate seamless commerce for merchants.