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Nu Holdings Earned More Than $1 Billion in a Quarter for the First Time. Now It's Launching in the U.S.

Source: fool.com

Corporate EarningsCompany Fundamentals
Nu Holdings Earned More Than $1 Billion in a Quarter for the First Time. Now It's Launching in the U.S.

The Latin American financial services company reported net income up 49% year over year in its latest quarter. Monthly revenue per customer averages 17 times the cost to serve that customer, indicating favorable unit economics.

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