Welcome to our dedicated page for Stoneco Ltd. news (Ticker: STNE), a resource for investors and traders seeking the latest updates and insights on Stoneco Ltd. stock.
StoneCo Ltd (STNE) provides integrated fintech solutions empowering micro, small, and medium businesses through digital payments, banking, and cloud-based software. This page aggregates official announcements, financial updates, and strategic developments directly from the company and verified sources.
Access real-time updates on earnings reports, product innovations, and market expansions. Investors gain insights into STNE’s performance in Brazil’s fintech sector, while businesses discover tools to optimize operations. Content includes quarterly results, partnership announcements, and technology enhancements critical for informed decision-making.
Bookmark this page for streamlined access to STNE’s evolving ecosystem. Check regularly for authoritative updates on payment solutions, software integrations, and regulatory developments shaping the digital commerce landscape.
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StoneCo Ltd. announces a conference call to discuss its fourth quarter and fiscal year 2023 financial results on March 18th, 2024. The call can be accessed via Zoom webinar or phone, with a webcast and replay available. The Quiet Period for the results starts on February 26th, 2024.
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StoneCo Ltd. (STNE) has received the 'Financeira' License from the Brazilian Central Bank, allowing the company to expand its product offerings and diversify its funding sources.
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StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) has obtained a commitment of US$467.5 million in the form of a revolving securitization facility from the United States International Development Finance Corporation. The facility will strengthen Stone's ability to offer prepayment of receivables to micro, small, and medium-sized businesses, especially those led by women or with a majority of female workforce, in the North and Northeast regions of Brazil. The closing of the transaction is subject to customary conditions precedents.
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StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) announced the appointment of Gilberto Caldart, former Vice Chairman and President of International Markets at Mastercard, to its Board of Directors, bringing extensive knowledge of financial services, payment innovation, and technology to support the Company's growth. The Board will now consist of nine Directors, six of whom are independent.
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Stone (Nasdaq: STNE, B3: STOC31) Announces Ambitious Growth Plans at Investor Day Event in New York. The company aims to more than double profitability over 4 years, exceeding an adjusted net income of R$ 4.3 billion. By 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion. The company's strategy is based on growing in the MSMB market, increasing engagement of its base, and gaining operational efficiency. Stone will prioritize four verticals on its software platform - retail, food, pharma, and gas stations - aiming to consolidate itself as the one-stop-shop for its customers. The arrival of the new CEO, Pedro Zinner, has led to a restructuring to accelerate integration of financial services solutions with software assets.
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StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) announces short and mid long-term guidance for 2024-2027, projecting significant growth in key financial and operational metrics. This includes a CAGR of 13% for MSMB TPV, a 26% increase in Client Deposits, and a 90% rise in Credit Portfolio. The company also aims for a 21% increase in MSMB Take Rate and a 31% growth in Adjusted Net Income. Additionally, StoneCo provides non-IFRS financial information, including adjusted net income and administrative expenses, with reconciliations to IFRS financial information in the press release.
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StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) Announces Investor Day Event
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StoneCo Ltd. (STNE) Announces R$ 1 Billion Share Repurchase Program: StoneCo Ltd. has authorized a new share repurchase program, replacing the previous one, to repurchase up to R$ 1 billion in outstanding Class A common shares. The former program resulted in the repurchase of 5,733,740 shares at an average price of US$ 10.29 per share, totaling US$ 59.0 million. The new program does not have a fixed expiration date and allows for repurchases through various methods, subject to market and business conditions.
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StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) announced the availability of the registration link for the Investor Day webcast on their Investor Relations website. The event is scheduled for November 15th, with the webcast starting at 9:00 am ET and ending at approximately 2:30 pm ET. Supporting materials will be accessible in the Events section of the website.
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StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) exceeded projections in 3Q23, reporting R$ 3.1 billion net revenue, a 25.2% annual growth, and R$ 545 million adjusted EBT, a 228% increase year-on-year. The Financial Services segment saw a 29% revenue growth, and the active payments customer base reached 3.3 million. The MSME segment experienced a 20% TPV increase, reaching R$ 89.6 billion. The company also implemented a share buyback program and reorganized its management structure for better market alignment.
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Stoneco Ltd.
Nasdaq:STNE
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3.36B
242.30M
4.6%
75.75%
11.45%
Software - Infrastructure
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