MercadoLibre (MELI) Misses Q1 EPS by 6c, Revenues Beat

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MercadoLibre, Inc. Reports First Quarter 2022 Financial Results

May 5, 2022 4:01 PM EDT

Net Revenues of $2.2 billion, up 67.4% year-over-year on an FX neutral basisIncome from operations of $139 million, with a 6.2% margin$25.3 billion Total Payment Volume, up 81.2% year-over-year on an FX neutral basis$7.7 billion Gross Merchandise Volume, up 31.6% year-over-year on an FX neutral basis

MONTEVIDEO, Uruguay, May 05, 2022 (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, 2022.

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