Buffett-backed Nubank's revenue surges on robust customer growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St futures muted as investors monitor US-Iran negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Nu Holdings (NU) shares rally after Q3 results beat analyst estimates
November 15, 2022 10:46 AM ESTNu Holdings (NYSE: NU) jumped Tuesday, currently up 16.9%, after the company reported its third-quarter earnings on Thursday, with revenue topping analyst consensus estimates.
The digital financial services firm reported record revenue for the quarter, coming in at $1.3 billion versus the consensus estimate of $1.23 billion. Revenue grew 171% year-over-year.
The company's customer base grew to over 70 million after adding 5.1 million customers in the quarter, with a record-high activity rate of 82%. Nu stated that the sustained increase in the number of active customers and higher consumer engagement bolstered... More
