MercadoLibre, Inc. Reports Third Quarter 2020 Financial Results

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MercadoLibre (MELI) Tops Q3 EPS by 11c

November 4, 2020 4:31 PM EST

MercadoLibre (NASDAQ: MELI) reported Q3 EPS of $0.28, $0.11 better than the analyst estimate of $0.17. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $972.31 million.

Unique active users grew 92.2% reaching 76.1 million.Gross merchandise volume (GMV) reached $5.9 billion, representing... More