Image Credit- Google
MercadoLibre has a position in Brazil, Mexico, Argentina, Chile, Columbia and more. It handles more than 21% of all e-commerce sales in Latin America.
Image Credit- Google
The drug in question is Mounjaro, which is already making billions annually as a treatment for diabetes.
Image Credit- Google
But while shipments to the Americas and China were down, shipments to Europe, the Middle East and Africa were up 17%
Image Credit- Google
Earnings for the fiscal fourth quarter (ending July 31) included revenue of $2 billion, an increase of 26% from a year ago. Income was $227.7 million and 64 cents per share, up from $3.3 million and 1 cent per share a year ago.
Image Credit- Google
Second-quarter revenue was $326 million, a new high for the company and up 112% from a year ago. Net income of $40.9 million resulted in 52 cents per share, up from $9.2 million and 12 cents per share a year ago.
Image Credit- Google
Products and selections change often depend on what the company can buy at a discount, so the stores are popular for people who are bargain-hunting for something different.
Image Credit- Google
The company just posted its third quarter results, another winning report. Revenue of $34.15 billion was up 23% from a year ago, and income of $11.5 billion increased 164%.