MercadoLibre Inc
MELI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|X$H | LOCK|RxC | LOCK|ms!c>JG! |
MercadoLibre Earnings: Rapid Revenue Growth but Ongoing Cost Pressure From Aggressive Investments
MercadoLibre reported mixed third-quarter results as impressive revenue growth was offset by ongoing margin pressure from the firm's aggressive investment strategy. Net revenue increased 45% from last year, or 41% on a constant-currency basis, while net income increased only 6.4% to $448 million.
