DLocal's TPV Surges 51% Amid Revenue Miss

DLocal posted solid fourth-quarter results with record gross profit, yet fell short of expected revenue and matched on adjusted earnings per share.Digital payments specialist DLocal (DLO -30.70%) reported mixed fourth-quarter 2024 earnings on Thursday, Feb. 27. The company achieved a record gross profit and maintained solid growth in total payment volumes (TPV), increasing by a noteworthy 51% year over year. However, revenue at $204.5 million came up$1.5 million short of the $206 million projected, and adj ...