(Adds details on earnings, background on new CEO)
Aug 15 (Reuters) - Uruguayan fintech dLocal on Tuesday named former MercadoLibre finance head Pedro Arnt as its co-chief executive officer.
He will join co-CEO Sebastián Kanovich, effective immediately. Arnt left MercadoLibre last week after a more than 12-year stint. He has also held positions at the Boston Consulting Group and sits on the board of European payments company Allegro.eu.
Shares of dLocal rallied about 30% in extended trading as it also topped market expectations for second-quarter revenue and profit, on record high total payment volume of $4.4 billion, up 80% from a year earlier.
The company also reiterated its annual revenue forecast of $620 million and $640 million.
"We are clearly trading towards the higher end of that guidance in terms of revenue, but prefer to take a conservative approach given the macro environment", Kanovich said.
Revenue rose 59% to $161.1 million in the reported quarter, compared with analysts' average estimate of $149.3 million, according to Refinitiv IBES data.
Adjusted earnings per share came in at 15 cents, higher than estimates of 13 cents per share.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shinjini Ganguli)
