DLocal Limited (DLO) stock plunged 19.27% in the after-hours trading session on Thursday, following the company's release of its Q4 2024 financial results that missed analysts' expectations.
According to the earnings report, DLocal reported Q4 2024 GAAP EPS of $0.10, missing the consensus estimate of $0.13. The company also reported revenue of $204.5 million, falling short of the expected $204.773 million.
The disappointing earnings results seem to have caught investors off guard, leading to a selloff in DLocal's stock. The company's weak performance in the fourth quarter could raise concerns about its growth prospects and future profitability, prompting investors to reassess their positions.