XP Q4 Gross Revenue R$4.3B, Up 29% YoY; Total Client Assets Up 19% YoY
Portfolio Pulse from Benzinga Newsdesk
XP Inc. reported a 29% year-over-year increase in Q4 gross revenue, reaching R$4.3 billion. Additionally, the company's total client assets saw a 19% increase compared to the previous year.
February 27, 2024 | 9:31 pm
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XP Inc. reported significant growth in Q4, with a 29% increase in gross revenue and a 19% rise in total client assets year-over-year.
The reported growth in both revenue and client assets indicates a strong financial performance and operational efficiency. This positive news is likely to instill investor confidence and could lead to an uptick in XP Inc.'s stock price in the short term.
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