StoneCo Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 2,508.4 million compared to BRL 1,469.6 million a year ago. Net income was BRL 197.1 million compared to net loss of BRL 1,260.2 million a year ago.
For the nine months, revenue was BRL 6,882.8 million compared to BRL 2,950.7 million a year ago. Net loss was BRL 605.2 million compared to BRL 575.9 million a year ago.