MercadoLibre's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Start Time: 16:30

End Time: 17:15

MercadoLibre, Inc. (MELI)

Q2 2012 Earnings Call

August 2, 2012 04:30 p.m. ET

Executives

Alex de Aboitiz – Head – IR

Marcos Galperín – CEO

Pedro Arnt – CFO

Osvaldo Gimenez – SVP

Analysts

Mark Miller – William Blair

Gene Munster – Piper Jaffray

Nat Brogadir – Stifel Nicolaus

Marcelo Santos – JP Morgan

Stephen Ju – Credit Suisse

Rudy Martin – Latin Capital Market

Zack – Morgan Stanley

Robert Larity – Rose Advisors

Presentation

Operator

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Welcome, ladies and gentlemen, to the MercadoLibre Second Quarter Earnings Conference Call. (Operator Instructions) Later we will hold a question-and-answer session and instructions will follow at that time. (Operator Instructions) And as a reminder, this call is being recorded.

I would like to turn the conference over to the company management. Please go ahead.

Alex de Aboitiz

Hello, everyone, and welcome to the MercadoLibre earnings conference call for the quarter ended June 30, 2012. My name is Alex de Aboitiz and I am the Head of Investor Relations for MercadoLibre. Our senior manager presenting today is Pedro Arnt, Chief Financial Officer. Additionally, Marcos Galperín, Chief Executive Officer, and Osvaldo Gimenez, Senior Vice President of MercadoPago, will be available during today’s Q&A session. This conference call is also being broadcast over the Internet and is available through the Investor Relations section of our website.

I remind you that management may make forward-looking statements relating to such matters as continued growth prospects for the company, industry trends and product and technology initiatives. These statements are based on currently available information and our current assumptions, expectations and projections about future events. While we believe that our assumptions, expectations and projections are reasonable in view of the currently available information, you are cautioned not to place undue reliance on these forward-looking statements. Our actual results may differ materially from those discussed in this call for a variety of reasons, including those described in the Forward-Looking Statements and Risk Factor sections of our 10-K and other filings with the Securities and Exchange Commission, which are available on our Investor Relations website.

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