Mercado Libre (MELI) Posts Q1 EPS of $0.78, Ex-Venezuelan Devaluation

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Go back to Mercado Libre (MELI) Posts Q1 EPS of $0.78, Ex-Venezuelan Devaluation

MercadoLibre, Inc. Reports First Quarter 2015 Financial Results

May 6, 2015 4:20 PM EDT

* 27.5 million Sold Items, up 26%, 14.8 million Total Payment Transactions, up 62%

* Net Revenues of $148.1 million, growing 28% in USD, 100% in local currencies

* Net Income was $1.7 million resulting in a $0.04 EPS. Excluding one-time effects of Venezuelan devaluation, Net Income would have been $34.6 million resulting in a $0.78 EPS.

BUENOS AIRES, Argentina, May 6, 2015 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin... More