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0.0402684563758389 0.00447427293064867 -0.0268456375838926 0.0134228187919462 0.0313199105145413 0.0425055928411632 0.0156599552572706 0.0134228187919462
Stock impact report

Nu Holdings Ltd. Reports First Quarter 2022 Financial Results

Nu Holdings Ltd. (NU) 
Company Research Source: Business Wire
SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), (“Nu” or the “Company”), one of the world’s largest digital banking platforms, released today its First Quarter 2022 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company’s Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00pm Eastern time/7:00pm Brasília time."This is the strongest quarter in Nu's history. We reached nearly 60 million customers and a record-high activity rate of 78%. Our earnings-generating formula helped drive a record high quarterly revenue of US$887 million (226% increase YoY on a FXN), with a low customer acquisition cost, increasing revenue per customer, and decreasing cost to serve. Our credit portfolio grew significantly above market and maintaine Show less Read more
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