MercadoLibre beats by $0.07, beats on revs
- Reports Q3 (Sep) earnings of $0.63 per share, $0.07 better than the Capital IQ Consensus of $0.56; revenues rose 60.6% year/year to $370.66 mln vs the $347.29 mln Capital IQ Consensus.
- Gross Merchandise Volume surpassed the $3 billion mark for the first time reaching $3,075.3 million dollars, and accelerating by almost 40 percentage points year on year to 50.7% in USD, while on an FX neutral basis GMV accelerated for the fourth consecutive quarter to 93.8% year on year
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