MercadoLibre (NASDAQ:MELI) reported quarterly earnings of $12.61 per share which beat the analyst consensus estimate of $7.89 by 59.82 percent. This is a 288 percent increase over earnings of $3.25 per share from the same period last year. The company reported quarterly sales of $6.06 billion which beat the analyst consensus estimate of $5.88 billion by 3.08 percent. This is a 37.42 percent increase over sales of $4.41 billion the same period last year.
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