MercadoLibre (NASDAQ:MELI) reported quarterly earnings of $9.19 per share which beat the analyst consensus estimate of $8.58 by 7.11 percent. This is a 10.86 percent decrease over earnings of $10.31 per share from the same period last year. The company reported quarterly sales of $10.200 billion which beat the analyst consensus estimate of $9.667 billion by 5.52 percent. This is a 50.22 percent increase over sales of $6.790 billion the same period last year.