It's not easy to find a company putting up strong growth in both revenue and profits, especially in today's challenging business climate, but MercadoLibre (NASDAQ: MELI) seems to be the exception to that rule. The online marketplace, which focuses on Latin America, just delivered a stellar fourth-quarter report. The company posted a record operating margin of 11.6% as operating income jumped from $24 million to $349 million. Read More...
It’s not easy to find a company putting up strong growth in both revenue and profits, especially in today’s challenging business climate, but MercadoLibre (NASDAQ: MELI) seems to be the exception to that rule. The online marketplace, which focuses on Latin America, just delivered a stellar fourth-quarter report. The company posted a record operating margin of 11.6% as operating income jumped from $24 million to $349 million.
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