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StoneCo Ltd (STNE) provides integrated fintech solutions empowering micro, small, and medium businesses through digital payments, banking, and cloud-based software. This page aggregates official announcements, financial updates, and strategic developments directly from the company and verified sources.
Access real-time updates on earnings reports, product innovations, and market expansions. Investors gain insights into STNE’s performance in Brazil’s fintech sector, while businesses discover tools to optimize operations. Content includes quarterly results, partnership announcements, and technology enhancements critical for informed decision-making.
Bookmark this page for streamlined access to STNE’s evolving ecosystem. Check regularly for authoritative updates on payment solutions, software integrations, and regulatory developments shaping the digital commerce landscape.
StoneCo Ltd. reported robust financial results for Q2 2022, achieving a revenue growth of 275.6% year-over-year, totaling R$2.30 billion. This figure surpassed guidance expectations and was driven by a 242.5% increase in financial services revenue to R$1.93 billion. The company also noted a significant TPV of R$90.7 billion and improved take rates, indicating a healthy operational performance. Adjusted EBT reached R$106.7 million, exceeding the forecast of R$90 million. CEO Thiago Piau emphasized the momentum of recovery and long-term growth prospects.
StoneCo Ltd. (Nasdaq: STNE) will host a conference call on August 18, 2022, at 5:00pm ET to discuss its Q2 2022 financial results, which will be released after market close. Investors can join the call by dialing provided numbers or via a live webcast on Stone's investor relations site. Stone is recognized for its innovative financial technology and software solutions, enhancing merchants' business operations.
StoneCo Ltd (Nasdaq: STNE) reported a record revenue of BRL 2.07 billion in Q1 2022, marking a 138.6% year-over-year increase. The company exceeded guidance by 16% and experienced 10x pre-tax earnings growth from the previous quarter. Revenues from Financial Services and Software saw remarkable increases of 107.8% and 955.6% respectively. The total payment volume surged by 63.1%, driven by a significant customer base expansion to 1.9 million users. Stone projects further growth in Q2 with expected revenues between BRL 2.15 billion and BRL 2.2 billion.
StoneCo Ltd. (Nasdaq: STNE) announced a new incentive plan for employees, comprising 19.2 million Restricted Stock Units and Performance Stock Units. Of these, 5.8 million shares are designated as a long-term incentive plan tied to achieving company goals, with vesting periods set for 3 and 5 years based on stock performance. Additionally, 1.7 million shares will serve as annual compensation, while 11.6 million shares are reserved for future compensation decisions. Share-based compensation will affect financial reporting differently for long-term incentives and regular annual compensation.
StoneCo Ltd. (Nasdaq: STNE) reported a remarkable 138.6% year-over-year revenue growth to R$2.07 billion in 1Q22, surpassing guidance. Adjusted Pre-Tax Income soared to R$163 million from R$17 million in 4Q21, with an Adjusted EBT margin of 7.9%. Financial Services revenue grew 107.8%, while software revenue witnessed 955.6% growth year-over-year. Despite a decrease in net income, improvements in profitability and operating efficiency were noted. Segment reporting introduced clarity in Financial Services and Software performance metrics, supporting future strategic growth.
StoneCo Ltd. (Nasdaq: STNE) announced it will submit a technical requirement for a change of control to the Brazilian Central Bank following governance enhancements and the departure of Co-Founder Eduardo Pontes from the Board. His conversion of Class B super-voting shares into Class A shares will lead to a reduction in concentration of voting power, with no single shareholder holding more than 50%. The Company's governance improvements have increased independent board members from 40% to 90% since the IPO, aiming to balance growth with profitability.
StoneCo Ltd. (Nasdaq: STNE) will host a conference call on June 2, 2022, at 5:00 PM ET to discuss its Q1 2022 financial results. A press release detailing these results will be available after the market closes on the same day. Investors can join the call by dialing international access numbers or via a live webcast on Stone’s investor relations website. The company is known for providing financial technology and software solutions that help merchants enhance their commerce operations.
StoneCo Ltd. (Nasdaq: STNE) announced board changes to bolster growth, appointing Mauricio Luchetti and Patricia Verderesi as new independent Directors. Luchetti brings extensive experience in People and Management, while Verderesi has over 30 years in financial markets and risk management. The board now has 10 Directors, with 9 being independent. Mateus Scherer Schwening retires from the Board but assumes the role of VP of Finance. This restructuring aims to enhance governance and oversight as the company continues to evolve in the financial technology landscape.
StoneCo Ltd. (Nasdaq: STNE) announced key changes to its Board of Directors to fuel its next growth phase. The appointments of Conrado Engel and Pedro Zinner as new directors bring valuable experience in financial services and corporate leadership. Engel, previously with Banco Santander and HSBC, will serve as Vice-Chairman, while Zinner, CEO of Eneva, has over 25 years in finance and strategy. The restructuring sees the retirement of three longstanding board members, enhancing the board's composition to include seven independent directors among nine total.
StoneCo Ltd. (Nasdaq: STNE) reported an impressive 87% revenue growth in Q4 2021, totaling R$ 1.9 billion, and doubled its active customer base to 1.8 million. Despite increased financial expenses affecting margins, the company anticipates enhanced profitability in Q1 2022, with revenue projections of R$ 1.9 billion, an increase of 119%. The reorganization into Financial Services and Software segments aims to strengthen cross-selling opportunities. Adjusted earnings before taxes are expected to exceed R$ 140 million.
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