CSU Digital S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023
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CSU Digital S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 23.7 million compared to BRL 18.45 million a year ago. Basic earnings per share from continuing operations was BRL 0.5793 compared to BRL 0.4512 a year ago.
For the nine months, net income was BRL 64.38 million compared to BRL 51.59 million a year ago. Basic earnings per share from continuing operations was BRL 1.5741 compared to BRL 1.2615 a year ago.
CSU Digital SA, formerly CSU CardSystem SA is a Brazil-based technology company for financial services, that provides digital solutions for payments, banking as a service, loyalty and incentive programs, as well digital experience. The Company is divided into two business units which work in an integrated fashion: CSU Pays and CSU DX. The CSU Pays unit encompasses solutions in payment methods, loyalty and incentives, and Banking as a Service, including card processing for issuers and acquirers in the credit, debit, digital and virtual modalities, the offer of digital wallets, instant payments (PIX) and cryptocurrencies, among others. The CSU DX focuses on the development of digital experience solutions for customer experience and financial processes management with high technological and digital density, directing efforts to projects with greater added value and complexity.