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Strategies & Market Trends : MELI MercadoLibre
MELI 578.33+0.5%3:59 PM EST

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From: Savant5/9/2012 9:11:51 AM
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MercadoLibre, Inc. Reports Financial Results for First Quarter 2012
May 8, 2012 (GlobeNewswire via COMTEX) --

* Items sold during Q1'12 increased by 38.1% year-over-year to 15.0
million

* Net Revenues in Q1'12 increased by 36.2% year-over-year to 83.7
million, a 43.6% growth in local currencies

* Q1'12 net income increased by 39.7% year-over-year to $19.6 million, a
47.0% growth in local currencies
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