MercadoLibre (MELI) Misses Q1 EPS by 67c, Revenue Beats

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Go back to MercadoLibre (MELI) Misses Q1 EPS by 67c, Revenue Beats

MercadoLibre, Inc. Reports First Quarter 2021 Financial Results

May 5, 2021 5:30 PM EDT

Net Revenues of $1.4 billion, up 158.4% year-over-year on an FX neutral basis$14.7 billion Total Payment Volume, up 129.2% year-over-year on an FX neutral basis$6.1 billion Gross Merchandise Volume, up 114.3% year-over-year on an FX neutral basis

BUENOS AIRES, Argentina, May 05, 2021 (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 March 31, 2021.

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