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With its legions of small-business sellers, Shopify is at risk from higher tariffs, but the company offered strong guidance in its first-quarter earnings report, calling for mid-20s revenue growth ...
2024 has been a tale of two quarters for Shopify (NYSE: SHOP). The e-commerce company's stock tanked in May after it reported first-quarter results. Analysts were expecting 19.5% growth in the ...
Moreover, we believe that Shopify’s revenue growth is still likely to remain above the industry average. Shopify is also looking to better address its high-operating cost base, with plans to cut ...
Shares of Shopify are headed for their best day in a year after the e-commerce platform reported a jump in third-quarter revenue from a year earlier. For its third quarter, the company reported ...
(Reuters) - Shopify Inc on Wednesday reported a 26% jump in quarterly revenue, helped by a surge in online holiday shopping. By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing ...
In the three months ending December 31, Shopify's revenue increased 31.2% year over year to $2.8 billion.Its earnings per share (EPS) rose 26.5% from the year-ago period to 43 cents. "We are ...
The surge in Shopify's share price comes amid a rejig in its business as a result of revenue growth slowing to about 20% in 2023 from an average of 60% in 2017-21, according to Refinitiv data.
E-commerce platform Shopify on Thursday reported $1.5 billion in revenue for the first quarter ending March 31. That’s up 25% from a year ago. The company also reported $717 million in gross ...
What this means is Shopify's core revenue growth remains consistent in that low- to mid-20% range. Given the recent concerns about a recession and weak consumer spending, that's a solid rate of ...
2024 has been a tale of two quarters for Shopify (NYSE: SHOP). The e-commerce company's stock tanked in May after it reported first-quarter results. Analysts were expecting 19.5% growth in the ...
Following the jump in its stock price, Shopify now trades at a forward price-to-sales (P/S) ratio of 8.6 (and 11.7 times trailing revenue). Given its steady top-line expansion, that's still a ...