Nu Q2 Revenue Increased 65% YoY To $2.8B, Co. Added 5.2M Customers, NII Increased 77% To $1.7B
Portfolio Pulse from Benzinga Newsdesk
Nu Holdings reported a 65% year-over-year increase in Q2 revenue to $2.8 billion, added 5.2 million customers, and saw a 77% increase in net interest income to $1.7 billion.
August 13, 2024 | 8:22 pm
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Nu Holdings reported strong Q2 results with a 65% YoY increase in revenue to $2.8 billion, 5.2 million new customers, and a 77% increase in net interest income to $1.7 billion.
The significant increase in revenue and net interest income, along with the addition of 5.2 million customers, indicates strong business growth and financial health, likely leading to a positive short-term impact on the stock price.
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