RTTNews | Nov 12, 2021 09:58AM EST

09:58 Friday, November 12, 2021 (RTTNews.com) - Shares of financial technology solutions provider PagSeguro Digital Ltd. (PAGS) are rising more than 5% in the morning trade on Friday following improved third quarter results.

Net earnings in the third quarter increased to R$321.5 million or R$0.97 per share from R$263.4 million or R$0.8 per share in the same quarter a year ago.

Excluding one-time items, earnings were R$1.26 per share.

Revenue for the quarter increased 55.8% year-on-year to R$2.776 billion.

PAGS, currently at $35.74, has traded in the range of $31.10- $62.83 in the last 52 weeks.

Read the original article on RTTNews ( https://www.rttnews.com/3242041/pagseguro-digital-adds-5-as-earnings-revenue-improve-in-q3.aspx)

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