MercadoLibre shares slid more than 6% in after-hours trade Tuesday, hit by a profit miss for the quarter as spending on credit and logistics pressured margins. The Uruguay-based e-commerce and payments firm posted net income of $559 million for October through December, short of the $587 million analysts surveyed by LSEG had penciled in, though revenue jumped roughly 45% to $8.8 billion. “Margin compression” explained the earnings miss, according to Leandro Cuccioli, senior vice president of investor relations, who likened the region’s e-commerce growth to “minute 15 of the first half.”
