** Shares of Uruguayan payments platform dLocal DLO.O jump 10.7% to $10.01 after the bell
** DLO's Q3 revenue jumps 13% to $185.8 mln, beating Wall Street expectations of $181.5 mln — LSEG
** Company's LatAm revenue, which accounts for 78% of total revenue, rose 7% to $145.2 mln in the quarter, largely driven by strong growth in Mexico
** Our pipeline remains robust, including both growth opportunities with existing merchants as well as new merchants — DLO
** DLO also posted record gross profit of $78 mln in the quarter, while total payment volumes hit a record of $6.5 bln, up 41% compared to last year
** As of last close, DLO shares down 48.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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