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Nu Holdings Powers Ahead As Strong Customer Spend, Margin Gains Drive Outlook
Benzinga· 2025-08-16 00:28
Nu Holdings Ltd. NU shares are trading higher on Friday.The firm’s second-quarter earnings of 13 cents per share came in line with analyst estimates, while revenue came in at $3.66 billion, missing expectations.The company’s customer base rose 17% year-over-year to 122.7 million. The Monthly Average Revenue per Active Customer crossed the $12 mark for the first time, reaching $12.2 in the second quarter of 2025, up 18% year-over-year.Also Read: US Retail Sales Rise In July As Consumers Spend Despite Tariffs ...