MercadoLibre reports Q1 revenue up 49% YoY to $8.8B, vs. $8.4B est., and net income down 16% to $417M, vs. $433M est.; MELI drops 5%+ after hours (Bloomberg)

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Bloomberg:
MercadoLibre reports Q1 revenue up 49% YoY to $8.8B, vs. $8.4B est., and net income down 16% to $417M, vs. $433M est.; MELI drops 5%+ after hours — Shares in e-commerce and fintech giant MercadoLibre Inc. slipped after profits missed estimates for the fourth quarter in a row even as revenue grew …

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