Reported 1 day ago
MercadoLibre exceeded earnings expectations for Q4 2024 with $12.61 per share, up 288% yearly, and achieved a 24% increase in revenues to $6.05 billion. Growth was driven by robust e-commerce and fintech sectors, with notable increases in Brazil and Mexico. The company's effective operational strategies led to an improved operating margin, while monthly active users rose significantly across its platforms.
Source: YAHOO