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Actionable news in MELI: MercadoLibre, Inc.,

MercadoLibre beats 1Q profit forecasts

BUENOS AIRES, Argentina (AP) _ MercadoLibre SA (MELI) on Thursday reported first-quarter earnings of $30.2 million.

On a per-share basis, the Buenos Aires, Argentina-based company said it had profit of 68 cents.

The results exceeded Wall Street expectations. The average...


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