Mercadolibre shares are higher on solid second quarter revenue growth and margin expansion

August 3, 2022
5:13 pm

GlobalNews

Mercadolibre shares are higher on solid second quarter revenue growth and margin expansion

Mercadolibre Inc(NASDAQ: MELI) reported sSecond quarter net income increased 52.5% year over year to $2.6 billion+56.5% on a currency-neutral basis, beating the consensus of $2.5 billion.
Earnings per share came in at $2.43, beating the consensus of $1.96.
Gross margin increased 517 basis points to 49.4%. That …

Full story available at Benzinga.com

[ad_2]

Source story

More to explorer

AI in Social Media: The Future of Automation and Personalization

December 15, 2024

Struggling to keep your social media strategy fresh and engaging? AI can now study user behavior, helping platforms show the right content

How to File a Water Leak Insurance Claim in Florida: Step-by-Step Guide

November 29, 2024

Dealing with a water leak inside your house causes you enough stress when filing an insurance claim, especially in Florida, considering the

How Weather Conditions Impact Car Accidents in Phoenix: Tips for Staying Safe

November 18, 2024

We face significant risks on Phoenix roads due to unpredictable weather conditions. Sudden rainstorms alone cause over 950,000 vehicle crashes annually, according to the

injuredly News Provide the latest news. All News World News, Business News, Health Care, Life Style. All News Around the World Update On This Website.

Mercadolibre shares are higher on solid second quarter revenue growth and margin expansion

GlobalNews

Mercadolibre shares are higher on solid second quarter revenue growth and margin expansion

More to explorer

AI in Social Media: The Future of Automation and Personalization

How to File a Water Leak Insurance Claim in Florida: Step-by-Step Guide

How Weather Conditions Impact Car Accidents in Phoenix: Tips for Staying Safe

POPULAR POSTS