Nu Holdings Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 1,618.67 million compared to USD 877.27 million a year ago. Net income was USD 141.75 million compared to net loss of USD 45.1 million a year ago.

Basic earnings per share from continuing operations was USD 0.0301 compared to basic loss per share from continuing operations of USD 0.0097 a year ago. Diluted earnings per share from continuing operations was USD 0.0294 compared to diluted loss per share from continuing operations of USD 0.0097 a year ago.