MercadoLibre, Inc. Reports First Quarter 2016 Financial Results

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Mercado Libre (MELI) Tops Q1 EPS by 12c

May 5, 2016 5:32 PM EDT

Mercado Libre (NASDAQ: MELI) reported Q1 EPS of $0.68, $0.12 better than the analyst estimate of $0.56. Revenue for the quarter came in at $157.6 million versus the consensus estimate of $145.95 million.

Pedro Arnt, Chief Financial Officer of MercadoLibre, Inc., commented, The year has... More