🔴 Dlocal is trading 4.5% down today after an EPS miss and margin pressure

Dlocal is trading 4.5% down at $14.09 after an EPS miss and narrower gross-profit margin overshadowed record growth.

• Revenue reached $399.7 million, while TPV surged 92% to $17.7 billion.
• EPS was $0.18 versus a $0.19 estimate; gross-profit margin fell to 32% from 39% a year earlier.
• Management raised full-year TPV and gross-profit guidance but maintained operating-profit guidance amid tax and foreign-exchange headwinds.