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Stock impact report

MercadoLibre's Results Aren't as Bad as Many Feared [The Motley Fool]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
After a tough few quarters, is the Latin American e-commerce giant ready to accelerate its growth? After a somewhat brutal second quarter, there were a lot of concerns for investors in MercadoLibre ( NASDAQ:MELI ) . The company has historically had to deal with geopolitical and economic instability. But earlier this year, an accounting regulation change -- which had no effect on the bottom line -- made top-line growth appear to slow, marking a confusing transition for those who follow the stock. The hits kept coming in recent quarters  with a postal rate hike and a truckers' strike, both in the company's largest market, Brazil. MercadoLibre was able to put some investor concerns to rest when it reported third-quarter results that weren't as bad as many had feared. Image source: MercadoLibre. Is it as bad as it looks? Metric Q3 2018 Q3 2017  Change (YOY) Net revenue $355.3 million $304.9 million 17% Show less Read more
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