MercadoLibre: Revenue Jumps 38%
MercadoLibre reported stronger-than-expected earnings for Q4 2024, driven by robust e-commerce and fintech growth.
MercadoLibre (NASDAQ:MELI), a leading e-commerce platform in Latin America, released its fourth-quarter 2024 earnings on February 20, 2025.
Delivering a significant earnings surprise, the company reported diluted earnings per share of $12.61, topping the analyst estimate of $7.90 by a large margin. Revenue for the quarter reached $6.1 billion, exceeding expectations of $5.88 billion.
The overall performance highlighted solid results across its e-commerce and fintech divisions, despite regional challenges.
