Nubank quarterly net profit beats estimates, topping $1 billion for first time
NU•Quarterly profit tops $1 billion
SAO PAULO, Aug 13 (Reuters) - Brazilian digital lender Nubank's NU.N quarterly net profit surpassed $1 billion for the first time, beating analysts' estimates, according to figures released by the company on Thursday.
Nu Holdings posted net profit of $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis and above the $967.2 million Visible Alpha estimate.




