MercadoLibre (MELI) Tops Q2 EPS by $1.09

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MercadoLibre, Inc. Reports Second Quarter 2020 Financial Results

August 10, 2020 8:25 AM EDT

Net Revenues of $878.4 million, up 123.4% year-over-year on an FX neutral basis$11.2 billion Total Payment Volume, up 142.1% year-over-year on an FX neutral basis$5.0 billion Gross Merchandise Volume, up 101.5% year-over-year on an FX neutral basis

BUENOS AIRES, Argentina, Aug. 10, 2020 (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 June 30, 2020.

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