— 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
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
