Nu Q1 Earnings, Revenue Rise

MT Newswires Live05-14

Nu (NU) reported Q1 earnings late Tuesday of $0.11 per diluted share, up from about $0.08 a year earlier.

Analysts polled by FactSet expected $0.12.

Revenue for the quarter ended March 31 was $3.25 billion, up from $2.74 billion a year earlier.

Analysts surveyed by FactSet expected $2.83 billion.

Shares of the company were down 5.8% in after-hours trading.

Price: 12.38, Change: -0.76, Percent Change: -5.78

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