Mercado Libre, Inc. (MELI) Tops Q2 EPS by 2c

Mercado Libre, Inc. (NASDAQ: MELI) reported Q2 EPS of $0.58, $0.02 better than the analyst estimate of $0.56. Revenue for the quarter came in at $131.8 million versus the consensus estimate of $110.02 million.

Marcos Galperin, President and Chief Executive Officer of MercadoLibre, Inc., commented, "We made solid progress on all fronts this quarter, growing our business on the basis of substantial upgrades that we are bringing our users, perfecting the experience that we offer them across all screens. We are increasingly delivering a shopping experience that integrates all aspects of our ecosystem, and the benefits to our users translate to solid business performance."

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

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