MercadoLibre, Inc. First Quarter 2023 Letter to Shareholders
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MercadoLibre (MELI) shares slide despite Q1 profit and revenue rising
May 4, 2023 2:27 PM EDTMercadoLibre (NASDAQ: MELI) reported first-quarter earnings after the close Wednesday, beating top and bottom-line consensus estimates.
The online marketplace firm reported Q1 EPS of $3.97, $1.16 better than the analyst estimate of $2.81, while revenue which grew 58.4% year-over-year, came in at $3 billion versus the consensus estimate of... More
