News & Videos - STONECO LTD.

GEORGE TOWN, Grand Cayman, April 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) announces that it will release its first quarter 2024 financial results on Monday, May 13, 2024 after the market closes and will host a conference call that afternoon at 5:00pm ET (6:00pm BRT) to discuss the results. The Company also announces that, beginning in the first quarter of 2024, it will adopt a new internal accounting policy for the recognition of membership fee revenues....

GEORGETOWN, Cayman Islands, March 18, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) is announcing a planned transition within the Board of Directors. After a decade of fundamental contributions, our founder, Mr. André Street has chosen not to seek re-election at the upcoming Annual General Meeting (“AGM"), which will occur by the end of April 2024. In similar vein, Mr. Conrado Engel, our Vice Chairman, and Patricia Verderesi Schindler,...

Strong quarter with Adjusted EBT reaching R$638 million, up 132% year over year, on accelerating MSMB TPV growth of 20%, resulting in Adjusted Net income of R$564 million, up 177% year over year GEORGE TOWN, Grand Cayman, March 18, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its fourth quarter and fiscal year ended December 31, 2023. “Dear Fellow Shareholders, I hope this message finds you in high...

GEORGE TOWN, Grand Cayman, Feb. 21, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results on Monday, March 18 th , 2024 at 5:00pm ET (6:00pm BRT) . A press release with fourth quarter and fiscal year 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the Zoom webinar (ID: 835 5588...

GEORGETOWN, Cayman Islands, Jan. 05, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced that it received from the Brazilian Central Bank (“BCB”) the “ Financeira ” License, organized as a Sociedade de Crédito, Financiamento e Investimento (SCFI). This license will enable StoneCo, through its subsidiaries, to develop and offer a range of new products, such as time deposits, which shall enhance and diversify the funding...

GEORGE TOWN, Grand Cayman, Dec. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or “the Company”) announced that it has obtained a commitment of US$467.5 million in the form of a revolving securitization facility from the United States International Development Finance Corporation (DFC), an agency of the United States government. The facility, which has a final maturity of seven years, and a six-month availability period, acquires accounts receivables due by...

GEORGETOWN, Cayman Islands, Dec. 01, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced additional board changes to support the next stage of the Company’s growth. Stone’s Board has approved the appointment of Gilberto Caldart as a Board Member. Mr. Caldart is a former Vice Chairman and President of International Markets at Mastercard, where he worked more than 14 years. Prior to that he also had a 26-year career in Citigroup,...

GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announces short and mid long-term guidance for the years of 2024 and 2027 for key financial and operational metrics, as follows: 2024 2027 CAGR '24-'27 MSMB TPV [R$ bn] > 412 > 600 13% Client Deposits [R$ bn] > 7.0 > 14.0 26% Credit Portfolio [R$ bn] > 0.8 > 5.5 90% MSMB Take Rate [%] > 2.49% > 2.70% - Adj. Net Income [R$ bn] > 1.9 > 4.3 31% Adm. Expenses [Adj....

GEORGETOWN, Grand Cayman, Nov. 15, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announces the Investor Day will begin shortly, at 9:00 am ET. The supporting materials, including videos and presentations, will be available in the Events section of the Investor Relations website ( https://investors.stone.co/ ). About StoneCo StoneCo is a leading provider of financial technology and software solutions that empower merchants to conduct commerce...

GEORGE TOWN, Grand Cayman, Nov. 14, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or “the Company”) announced that its Board of Directors, pursuant to written resolutions dated November 9th, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 1 billion in outstanding Class A common shares. This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on October 3rd, 2023....

GEORGETOWN, Grand Cayman, Nov. 13, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company) announced the registration link for the Investor Day webcast is available in the homepage of the Investor Relations website ( https://investors.stone.co/ ). The event will be on November 15th, with the webcast beginning at 9:00 am ET and ending at approximately 2:30 pm ET. The supporting materials, including videos and presentations, will be available in the Events...

Strong quarter with Adjusted EBT reaching R$545 million, up 228% year over year, on accelerating MSMB TPV growth of 19.9%, resulting in Adjusted Net income of R$435 million, up 302% year over year GEORGE TOWN, Grand Cayman, Nov. 10, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its third quarter ended September 30, 2023. Operating and Financial Highlights for 3Q23 Note about our non-IFRS Adjusted P&L...

GEORGE TOWN, Grand Cayman, Oct. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2023 financial results on Friday, November 10 th , 2023 at 5:00pm ET (7:00pm BRT) . A press release with third quarter 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from...

GEORGETOWN, Grand Cayman, Oct. 09, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) today announced that it is reorganizing its management structure to better align the Company around specific go-to-market strategies per client segment and to accelerate the integration of its software and financial solutions. Financial Services Segment The Financial Services reporting segment will be led by three leaders who will each be responsible for managing...

GEORGETOWN, Grand Cayman, Oct. 03, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announced that its Board of Directors, pursuant to written resolutions dated September 21, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 300 million in outstanding Class A common shares. The repurchase program goes into effect as of the date of the Board Resolution. The share repurchases may be made from time to time...

GEORGETOWN, Cayman Islands, Sept. 19, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”) is saddened to announce the passing of Board Member Luiz André Barroso on September 17 th , 2023. Mr. Barroso, who joined our Board on April 6 th , 2023, made significant contributions to our technology team and overall strategy. Our hearts and thoughts are with Luiz’s family, friends, and colleagues. Future decisions regarding his Board seat will be made in due...

GEORGETOWN, Cayman Islands, Aug. 17, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”), informs its shareholders and the market that the number of weighted average diluted shares in the three and six months ended June 30, 2023 is 326,912,231 and 325,655,217, respectively, and not 340,874,065 and 339,621,097, respectively, as published on August, 16, 2023. As a result, the correct number of diluted earnings (loss) per share and adjusted diluted...

Strong Revenue Growth and Profits Above Expectations R$3 billion in Revenues, R$447 million in Adjusted EBT and R$322 million in Adjusted Net Income, a year over year growth of 28%, 489% and 477%, respectively GEORGE TOWN, Grand Cayman, Aug. 16, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its second quarter ended June 30, 2023. Operating and Financial Highlights for 2Q23 Note about our non-IFRS...

GEORGE TOWN, Grand Cayman, July 13, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) today announces that it will host a conference call to discuss its second quarter 2023 financial results on Wednesday, August 16, 2023 at 5:00pm ET (6:00pm BRT) . A press release with second quarter 2023 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the...

GEORGETOWN, Cayman Islands, June 23, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”), announced that Rafael Martins Pereira, VP of Finance and Investor Relations Officer, will depart from the Company effective July 31, 2023. Mateus Scherer, who was recently appointed CFO, will also assume the role of Investor Relations Officer. The Company also announced that Roberta Noronha will join Stone as Head of Investor Relations, effective June 26,...