PagSeguro Q1 2024 Earnings: Still A Good Opportunity
PAGSPagSeguro Digital(PAGS) Seeking Alpha·2024-06-05 16:31

Rockaa/E+ via Getty Images Investment Thesis I recommend buying PagSeguro (NYSE:PAGS) shares after the 1Q24 results released on May 23rd. As a growth company, PagSeguro delivered a great annual increase of 31.7% in net income. Another highlight is that the company reported that it reached 31.4 million customers, of which 17.3 million are active customers. Furthermore, the company is growing in low-risk and profitable products, while launching new and promising products, something important when operating in ...