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MercadoLibre Fired on All Cylinders in Q1

TheMotleyFool

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MercadoLibre Fired on All Cylinders in Q1

Latin American e-commerce giant MercadoLibre (NASDAQ: MELI) reported first-quarter results on Tuesday, May 5. The bottom line swung to a loss, but that was always the plan, and the reported results crushed Wall Street's estimates across the board. The COVID-19 health crisis caused a slowdown in mid-March, but MercadoLibre's explosive growth recovered in a hurry.

Metric

Q1 2020

Source Fool.com

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