PicPay Q2 Adjusted Earnings, Revenue Rise

MT Newswires Live08-25 05:49

PicPay (PICS) reported Q2 adjusted earnings late Monday of 283 million Brazilian reais ($54.9 million), up from 120.3 million reais a year earlier.

Revenue for the quarter ended June 30 was 4.12 billion reais, up from 2.47 billion reais a year ago.

Analysts surveyed by FactSet expected 3.53 billion reais.

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