MercadoLibre (MELI) shares slide despite Q1 profit and revenue rising
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MercadoLibre, Inc. First Quarter 2023 Letter to Shareholders
May 3, 2023 4:02 PM EDTNet Revenues of $3.0 billion, up 58.4% year-over-year on an FX neutral basisIncome from operations of $340 million, with a 11.2% margin$37.0 billion Total Payment Volume, up 96.1% year-over-year on an FX neutral basis$9.4 billion Gross Merchandise Volume, up 43.3%  year-over-year on an FX neutral basis
MONTEVIDEO, Uruguay, May 03, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter... More
MercadoLibre, Inc. Reports First Quarter 2023 Financial Results
May 3, 2023 4:01 PM EDTMONTEVIDEO, Uruguay, May 03, 2023 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin Americas leading e-commerce technology company, today reported financial results for the quarter ended March 31st, 2023, in a letter to shareholders, which is now posted to the... More
