Mercado Libre, Inc. (MELI) Misses Q4 EPS by 4c

Mercado Libre, Inc. (NASDAQ: MELI) reported Q4 EPS of $0.76, $0.04 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $161.4 million versus the consensus estimate of $149.22 million.

Pedro Arnt, Chief Financial Officer of MercadoLibre, Inc., commented, "MercadoLibre's strong 2014 results are a reflection of the ongoing success of the enhanced marketplace model we are deploying. Facilitating e-commerce in 12 Latin American countries, we remain the leading operator in these markets and our core focus in the new year will continue to be guided by our strategic initiatives: driving payment and shipping solutions, increasing adoption of mobile commerce, attracting new brands and vendors, tailoring vertical solutions, while placing customer experience at the forefront of it all. We trust that if we execute on these fronts, our company will be in great shape for many years to come."

For earnings history and earnings-related data on Mercado Libre, Inc. (MELI) click here.

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