10 Battered Stocks on Friday

2. DLocal Ltd. (NASDAQ:DLO)

DLocal declined for a second straight day, losing a whopping 30.51 percent to finish at $9.56 apiece following a disappointing earnings performance last year.

In its release, DLO said net profit for the fourth quarter of 2024 grew by 4 percent to $29.7 million from $28.5 million in the same period a year earlier, but net income dropped by 19 percent to $120.5 million last year from $149.1 million in 2023.

Revenues for the quarter increased by 9 percent to $204.5 million from $188 million, while revenues for full-year 2024 grew by 15 percent to $746 million from $650.4 million in 2023.

Looking ahead, DLO said it expects a strong TPV growth ranging between 35 percent to 45 percent year-on-year, with revenue growth of 25 to 35 percent year-on-year.