StoneCo Ltd. Announces Preliminary First Quarter 2019 Results
SÃO PAULO, Brazil, April 01, 2019 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses over time through technology, today announced preliminary results for the first quarter of 2019. “In the first quarter of 2019 we continued to deliver strong results and made key advancements in our strategic roadmap,” said Thiago Piau, chief executive officer of Stone. “Our preliminary results and key operational highlights for 1Q19 demonstrate strong continued execution and performance across the Company and have encouraged us to make some additional investments to implement our strategy and accelerate our plans. For example, we are very pleased with the continued evolution and performance of our Stone Hub strategy and have decided to invest further in our Stone Hub operations, ahead of our original plans
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News
- StoneCo Ltd. (<a href="https://www.marketbeat.com/stocks/NASDAQ/STNE/price-target/">NASDAQ: STNE</a>) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $70.00 to $114.00. They now have a "buy" rating on the stoMarketBeat
- Stone Raises Funding for Its Credit Solution, Advancing in the Strategic Roadmap of Its Full Financial Platform While Limiting Credit Risk ExposureGlobeNewswire
- StoneCo: Building The Digital Payments Ecosystem Of Brazil [Seeking Alpha]Seeking Alpha
- We Ask Successful Investors: Which Stock Was Your Biggest Winner in 2020? [The Motley Fool]The Motley Fool
- StoneCo Ltd. (<a href="https://www.marketbeat.com/stocks/NASDAQ/STNE/price-target/">NASDAQ: STNE</a>) was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating.MarketBeat
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STNE
SEC Filings
- 12/18/20 - Form SC
- 12/14/20 - Form 6-K
- 11/18/20 - Form 6-K
- STNE's page on the SEC website
- More