Mercado Libre, Inc. (MELI) Tops Q1 EPS by 12c

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Go back to Mercado Libre, Inc. (MELI) Tops Q1 EPS by 12c

MercadoLibre, Inc. Reports Financial Results for First Quarter 2014

May 8, 2014 4:03 PM EDT

* Net Revenues of $115.4 million, growing 12.3% year-over-year in USD. In local currencies net revenues grew 50%, excluding Venezuela they grew 39%.

* Income from operations grew to $34.0 million, a year-over-year growth of 19.0% in USD and 67.8% in local currencies.

* Net Income grew 73.1% in USD resulting in a $ 0.69 EPS.

BUENOS AIRES, Argentina, May 8, 2014 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America's leading... More