Nubank Posts $1.09B Q3 Net Profit, Second Straight Quarter Above $1B
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Brazilian firearms maker Taurus reported a R$4 million net loss in Q3 2026, reversing a year-earlier profit, even as weapons sales volume rose 35% year-over-year. The loss likely reflects margin compression or one-off costs, though the report does not specify drivers. The divergence between volume growth and profitability signals operational or financial strain, relevant to investors in the defense manufacturing sector.
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