MercadoLibre Stock Surges On Q1 Earnings Beat: 'Exceptional Momentum' - MercadoLibre (NASDAQ:MELI)
7 Articles
7 Articles
MercadoLibre Tops Estimates With ‘Stellar’ Argentina Rebound
E-commerce and fintech giant MercadoLibre Inc. beat analysts’ expectations in the first quarter of the year, delivering strong growth in its credit portfolio while its Argentina division saw a boost as the country removed trade barriers and scrapped currency controls.
MercadoLibre Stock Surges On Q1 Earnings Beat: 'Exceptional Momentum' - MercadoLibre (NASDAQ:MELI)
MercadoLibre Inc (NASDAQ:MELI) shares are rising in extended trading on Wednesday after the company reported better-than-expected results for the first quarter. Q1 Revenue: $5.93 billion, versus estimates of $5.51 billion Q1 EPS: $9.74, versus estimates of $8.03 Total revenue increased 37% on a year-over-year basis, boosted by continued strategic investments. Commerce revenue climbed 32% year-over-year, Financial revenue increased 37% and Fint…
Mercado Pago Surges With Digital Accounts, Credit Growth in Q1
Latin America’s digital commerce giant, MercadoLibre, continues to demonstrate its influence across the region’s evolving financial and retail landscape, extending its reach beyond transactions into areas critical for future growth and user engagement. The company’s first-quarter 2025 results, reported Wednesday (May 7), highlight strategic advancements in bolstering its ecosystem, particularly in user acquisition, payments infrastructure and va…
The "recovery of Argentina" stands out in another historic quarter for the Free Market
With Argentina as a "outstanding market" (sic), Mercado Libre closed the first quarter of 2025 with a 37% increase in its revenues, to $ 5935 million, and a net result of $ 494 million, 44% higher than the same period of 2024. In the local market, the turnover of the regional e-commerce giant that leads Marcos Galperin more than doubled: on March 31, it raised US$ 1382 million, from US$ 615 million a year earlier.With that data, Argentina was ag…
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