MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — DLocal Ltd. (DLO) on Wednesday reported second-quarter net income of $46.2 million.

The company said it had net income of 15 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The online payment company posted revenue of $171.3 million in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLO at https://www.zacks.com/ap/DLO