MercadoLibre, Inc. Reports Fourth Quarter 2019 Financial Results

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Go back to MercadoLibre, Inc. Reports Fourth Quarter 2019 Financial Results

MercadoLibre (MELI) Misses Q4 EPS by 45c, Revenues Beat

February 10, 2020 4:05 PM EST

MercadoLibre (NASDAQ: MELI) reported Q4 EPS of ($1.11), $0.45 worse than the analyst estimate of ($0.66). Revenue for the quarter came in at $674.3 million versus the consensus estimate of $646.82 million.

Fourth Quarter 2019 Financial Highlights

Net revenues for the fourth quarter were $674.3 million, a year-over-year increase of 57.5% in USD and 84.4% on an FX neutral basis.Enhanced marketplace revenues increased 55.3% year-over-year in USD and 79.7% on an FX neutral basis, while... More