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

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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

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