MercadoLibre (MELI) Misses Q3 EPS, Revs

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MercadoLibre, Inc. Reports Third Quarter 2019 Financial Results

October 31, 2019 4:01 PM EDT

Net Revenues of $603.0 million, up 90.5% YoY on an FX neutral basis$7.6 billion Total Payment Volume, up 94.5% YoY on an FX neutral basis$3.6 billion Gross Merchandise Volume, up 36.8% YoY on an FX neutral basis

BUENOS AIRES, Argentina, Oct. 31, 2019 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter ended September 30, 2019.

Pedro Arnt, Chief Financial Officer of MercadoLibre, Inc.,... More