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

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