Mercado Libre (MELI) Tops Q1 EPS by 12c

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MercadoLibre, Inc. Reports First Quarter 2016 Financial Results

May 5, 2016 4:05 PM EDT

38.3 million Sold Items, up 39%, 27.5 million Total Payment Transactions, up 86%

Net Revenues of $157.6 million, growing 6% in USD, 75% in local currencies

Net Income of $30.2 million, resulting in a $0.68 EPS.

BUENOS AIRES, Argentina, May 05, 2016 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America's leading e-commerce technology... More