Uruguayan fintech dLocal posts 18% profit dip in Q4
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April 4 (Reuters) - Uruguayan payments company dLocal posted an 18% slide in fourth-quarter profit compared to the same period last year, totaling $19.4 million for the three-month period, according to a statement Tuesday.
Company revenue increased 55% from the year-ago quarter to $118.4 million, dLocal said.
For the first quarter of 2023, the company forecast revenues to land between $135 million to 138 million, and $620 million to 640 million for the full year. (Reporting by Kylie Madry; Writing by Isabel Woodford; Editing by Sarah Morland)
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