The company posted operating profit of $283 million, more than double the $122 million in the year-earlier quarter. Related: ...
Shopify is overexposed to the economic cycle, with the high failure rate for core SMB customers exacerbated by the fact that retail volume would likely decline in a downturn. Additionally, ...
Looking ahead, Shopify projects Q4 revenue growth in the mid-to-high twenties percentage range, underscoring cautious ...
The gross margin for the quarter was 51.7%, compared to 52.6% a year ago. The gross profit grew by 24.1% year over year to $1 ...
Reports Q3 MRR $175M, Gross Merchandise Volume $69.72B, gross profit $1.112B, operating income $283M. Q3 was outstanding, further establishing ...
Shopify expects growth to pick up in the fourth quarter, which includes the key holiday selling season. The company forecast revenue growth in the mid- to upper 20% range, better than the 23% expected ...
For the fourth quarter, Shopify is guiding for year-over-year sales growth at a mid-to-high-20s percentage rate. The company also expects that its gross profit for the period will expand at a rate in ...
Shopify’s strong Q3 results, continued revenue growth, and promising outlook have made it a standout stock this year. Its ability to consistently outperform expectations and the broader market, as ...
Shopify reported robust quarterly earnings, beating expectations, driven by strong segment growth and cost management.