Shares of financial technology solutions provider PagSeguro Digital Ltd. (PAGS) are rising more than 5% in the morning trade on Friday following improved third quarter results.
Net earnings in the third quarter increased to R$321.5 million or R$0.97 per share from R$263.4 million or R$0.8 per share in the same quarter a year ago.
Excluding one-time items, earnings were R$1.26 per share.
Revenue for the quarter increased 55.8% year-on-year to R$2.776 billion.
PAGS, currently at $35.74, has traded in the range of $31.10- $62.83 in the last 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.