tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nuvei Reports Robust Growth and Revenue in Q1 2024

Nuvei Reports Robust Growth and Revenue in Q1 2024

Nuvei Corp. (TSE:NVEI) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Nuvei Corporation reported strong financial results for Q1 2024, with a significant 42% increase in total volume to $60.1 billion and a 31% rise in revenue to $335.1 million. The tech-savvy financial firm also saw an improvement in net loss by 42%, reducing it to $4.8 million. Despite these positive trends, adjusted net income saw a slight decrease of 3% to $62.5 million.

For further insights into TSE:NVEI stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1