Reports Q1 revenue $5.935B, consensus $5.52B. Management stated, “We have had a strong start to the year at Mercado Libre, sustaining the momentum built up through 2024. Growth continues to be outstanding across the business, with KPIs supported by strong execution and an intense focus on offering a value proposition to our users that is constantly improving and innovative. This has translated to solid net revenues and financial income growth of 37% year-over-year in Q1’25. Argentina performed exceptionally well, with last year’s recovery in demand strengthening even further. This helped counterbalance increased investment in Brazil and Mexico and, as a result, income from operations grew 45% year-over-year to $763M in Q1’25.”
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MELI:
- Notable companies reporting after market close
- Options Volatility and Implied Earnings Moves Today, May 07, 2025
- Options Volatility and Implied Earnings Moves This Week, May 05 – May 09, 2025
- Mercadolibre, Inc. (MELI) Q1 Earnings Cheat Sheet
- Here’s what Wall Street is saying about Amazon ahead of earnings