Mercado Libre (MELI) Misses Q2 EPS by $0.36

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Go back to Mercado Libre (MELI) Misses Q2 EPS by $0.36

MercadoLibre, Inc. Reports Second Quarter 2016 Financial Results

August 4, 2016 4:03 PM EDT

43.7 million Sold Items, up 45%, 31.9 million Total Payment Transactions, up 76%

Net Revenues of $199.6 million, growing 29% in USD, 73% in local currencies

Net Income of $15.9 million, resulting in EPS of $0.36.

BUENOS AIRES, Argentina, Aug. 04, 2016 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America's leading e-commerce technology... More