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Stock impact report

MercadoLibre Inc (MELI) Q3 2024 Earnings Call Highlights: Record Growth in GMV and New Buyers ... [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
New Buyers: Record addition of almost 7 million new buyers. Fulfillment Centers: Six new centers opened, five in Brazil and one in Mexico. Fulfillment Penetration: Increased by 4.5 percentage points year-on-year. Credit Card TPV Growth: 166% year-on-year. Credit Portfolio Growth: 77% year-on-year. Revenue Growth: 35% year-on-year. EBIT: $557 million with a 10.5% margin. Net Income: $397 million, 11% increase year-on-year. Warning! GuruFocus has detected 4 Warning Sign with MELI. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript MercadoLibre Inc ( NASDAQ:MELI ) reported strong GMV growth of 34% in Brazil and 27% in Mexico, indicating robust market share gains. The company added a record 7 million new buyers in Argentina, surpassing previous peaks during the pandemic. MercadoLibre Inc ( NASDAQ:MELI ) opened six new fulfillment centers, enhancing logistics capabilities and improvi Show less Read more
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