— 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
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
