DLocal Limited ( DLO ) shares are trading higher Thursday after the company reported better-than-expected fourth-quarter revenue results on Wednesday after the market closed. Also, the company announced a $300 million share buyback plan.
DLocal ( DLO ) stock is among today’s top performers. Why are DLO shares rallying?
DLocal ( DLO ) reported earnings per share of 18 cents, inline with the consensus estimate. Revenue came in at $337.88 million, beating the consensus estimate of $297.28 million.
Total payment volume reached a record $13.1 billion in the fourth quarter, up 70% year-over-year.
The company ended the year with $719.9 million in cash and cash equivalents.
CEO Pedro Arnt said 2025 reflected "exceptional execution," highlighting strong growth, customer retention and a high cash-conversion model.
DLocal ( DLO ) announced a new share repurchase program of up to $300 million, set to run through March 2027 or until the limit is reached.
The company also declared a cash dividend of approximately $57.2 million, or about $0.1939 per share.
DLO Price Action: At the time of publication, DLocal ( DLO ) shares are trading 12.14% higher at $12.84, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.