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Nu Holdings (NYSE:NU) reported first-quarter financial results Thursday after market close.
Here are the key highlights.
• Nu Holdings stock is testing key support levels. Why is NU stock at lows?
Nu Holdings Q1 Financials
Nu Holdings reported first-quarter revenue of $5.32 billion, up 42% year-over-year. The revenue total beat a Street consensus estimate of $5.04 billion, according to data from Benzinga Pro.
This marked the first time Nu Holdings had quarterly revenue of $5 billion or more.
Net interest income hit a record $3.25 billion in the quarter, up 12% from the fourth quarter. Net income was $871 million in the quarter, up 41% year-over-year.
Nu ended the first quarter with more than 135 million customers globally, adding around four million customers …
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