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Nuvei posts 54% Y/Y decrease in net income in Q3 2022

Canadian fintech company Nuvei Corporation (TSX:NVEI) today reported its financial results for the three months ended September 30, 2022.

Nuvei reported revenue increase of 43% to $214.5 million for the first quarter of 2022. compared with $150.5 million a year earlier.

Nuvei reported revenue of $93.6 million for Q3 2020, an increase of 32% as compared to $70.8 million a year earlier.