StoneCo Ltd. (NASDAQ:STNE) Q3 2023 Results Conference Call November 10, 2023 5:00 PM ET

Company Participants

Roberta Noronha - Head, IR

Pedro Zinner - CEO

Mateus Scherer - CFO and IRO

Lia Matos - Chief Strategy and Marketing Officer

Conference Call Participants

Tito Labarta - Goldman Sachs

Mario Pierry - Bank of America

Geoffrey Elliott - Autonomous Research

Gabriel Gusan - Citi

Neha Agarwala - HSBC

Sheriq Sumar - Evercore ISI

Yuri Fernandes - JP Morgan

John Coffey - Barclays

Josh Siegler - Cantor Fitzgerald

Jamie Friedman - SIG

Kaio Da Prato - UBS

Nicolas Riva - Bank of America

Operator

Good evening, ladies and gentlemen. Thank you for standing by. Welcome to the StoneCo Third Quarter 2023 Earnings Conference Call. By now, everyone should have access to our earnings release. The Company also posted a presentation to go along with its call. All material can be found online at investors.stone.co. Throughout this conference call, the Company will be presenting non-IFRS financial information, including adjusted net income and adjusted net cash.

These are important financial measures for the Company but are not financial measures as defined by IFRS. Reconciliations of the Company's non-IFRS financial information to the IFRS financial information appear in today's press release.

Finally, before we begin our formal remarks, I would like to remind everyone that today's discussion might include forward-looking statements. These forward-looking statements are not guarantees of future performance, and therefore, you should not put undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from the Company's expectations. In addition, many of the risks regarding the business are disclosed in the Company's Form 20-F filed with the Securities and Exchange Commission, which is available at www.sec.gov.

I would now like to turn the conference over to your host, Roberta Noronha, Head of Investor Relations at StoneCo. Please proceed.

Roberta Noronha

Thank you, operator, and good evening, everyone. Joining me today on the call is our CEO, Pedro Zinner, our Chief Financial and Investor Relations Officer, Mateus Scherer, and our Chief Strategy and Marketing Officer, Lia Matos.

Today, we will present our third quarter 2023 results, discuss some recent trends and provide an updated outlook for our business.

I will now pass it over to Pedro so he can share some highlights of our performance. Pedro?

Pedro Zinner

Thank you, Roberta, and good evening, everyone.