BRIEF-XP Inc. posts Q1 adjusted net profit of 1.24 bln reais, announces share buyback

Reuters
21 May
BRIEF-<a href="https://laohu8.com/S/XP">XP Inc.</a> posts Q1 adjusted net profit of 1.24 bln reais, announces share buyback

May 20 (Reuters) - XP Inc XP.O:

  • REPORTS Q1 ADJUSTED NET PROFIT OF 1.24 BILLION REAIS (LSEG POLL 1.19 BILLION REAIS)

  • REPORTS Q1 NET REVENUE OF 4.35 BILLION REAIS (LSEG POLL 4.47 BILLION REAIS)

  • REPORTS Q1 PRE-TAX EARNINGS OF 1.26 BILLION REAIS

  • REPORTS Q1 TOTAL NET INFLOW OF 24 BILLION REAIS

  • ANNOUNCES SHARE BUYBACK AMOUNTING UP TO 1 BILLION REAIS

Further company coverage: XP.O

(Reporting by Sao Paulo newsroom)

((Andre.Romani@thomsonreuters.com;))

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