MercadoLibre Q2 Earnings Fall, Revenue Rises

MT Newswires Live

08/06

MercadoLibre (MELI) reported Q2 earnings late Wednesday of $9.19 per diluted share, down from $10.31 a year earlier.

Analysts polled by FactSet expected $8.65.

Revenue for the quarter ended June 30 was $10.17 billion, up from $6.79 billion a year ago.

Analysts surveyed by FactSet expected $9.78 billion.

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