04:38 PM EDT, 05/14/2024 (MT Newswires) -- Nu Holdings ( NU ) reported Q1 earnings Tuesday of $0.08 per diluted share, up from $0.03 a year earlier.

Analysts polled by Capital IQ expected $0.07.

Revenue for the quarter ended March 31 was $2.74 billion, up from $1.62 billion a year earlier. Analysts surveyed by Capital IQ expected $2.53 billion.

Shares of the company were down 2% in recent after-hours activity.

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