1. NU shares rose nearly 10% in pre-market trading. 2. Quarterly earnings met expectations at 13 cents per share. 3. Revenue missed expectations at $3.66 billion. 4. Customer base increased 17% year-over-year to 122.7 million. 5. Average revenue per active customer reached $12.2, up 18% year-over-year.
The significant rise in share price indicates positive market sentiment despite mixed earnings. Historically, meeting earnings expectations can stabilize and lift stock prices, especially when coupled with user growth.
The article includes key metrics about NU's performance, customer growth, and revenue data which are relevant for immediate investor decisions.
The immediate increase in share price suggests a short-term positive market reaction which may adjust with future quarterly results.