Categories Earnings, Technology

MercadoLibre, Inc. (NASDAQ: MELI): Q4 2019 Earnings Snapshot

— MercadoLibre, Inc. (NASDAQ: MELI) reported a net loss of $54 million or $1.11 per share for the fourth quarter of 2019, vs. $0.66 per share loss expected.

— Net revenues grew 57.5% annually to $674.3 million, vs. $646.82 million expected

— Total payment volume through Mercado Pago surged 63.5% year-over-year to $8.7 billion; gross merchandise volume advances 19.7% annually to $3.9 billion

— Mercado Pago delivered effective execution in off-platform payments, through merchant services, mobile point-of-sale devices, and its mobile wallet business

— Mobile wallet surpassed the 1-billion mark for the first time, delivering $1.3 billion in transactions on a consolidated basis in Q3

— Items sold reached 109.5 million during the quarter, up 28% year-over-year

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Hormel (HRL) expects earnings pressure to continue into Q1 2026

Shares of Hormel Foods Corporation (NYSE: HRL) gained over 3% on Thursday. The company delivered mixed results for the fourth quarter of 2025, as earnings came ahead of expectations while

Key metrics from Kroger’s (KR) Q3 2025 earnings results

The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical

Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights

Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top