The e-commerce giant reported Q2 GAAP earnings per share of $8.23 and revenue of $8.85 billion, exceeding analyst expectations.
MercadoLibre posted second-quarter GAAP earnings per share of $8.23, beating estimates by $0.03, while revenue reached $8.85 billion, surpassing forecasts by $530 million.
Analysts had anticipated earnings of $8.20 per share and revenue of $8.32 billion for the quarter. The company’s performance reflects continued growth in its e-commerce and fintech segments.
Shares showed modest movement in after-hours trading as investors digested the results.