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Shopify (NYSE:SHOP) reported revenue shot up ... the consensus estimate of $182.4 million. Operating income was up 61% to $465 million, and free cash flow grew 37% to $611 million.
Shopify controls more than 12% of its industry's U.S. market share. Net income saw such large growth primarily due to an impairment charge on the sale of Shopify's logistics businesses in 2023 of ...
As for its own revenue, Shopify reported a top-line $2.8 billion for the final quarter of last year and nearly $9 billion for the whole year, up 26% from 2023 sales. Net income exploded from ...
Shopify's 2Q24 results were impressive, with $241 million in operating income on revenue of $2,045 million, showcasing strong growth and efficiency. Margins are improving due to operating leverage.
But even though Shopify isn't a new company, in many ways, it's just starting to take off. E-commerce is growing as a percentage of retail sales ... won't see it on the list of largest e-commerce ...
Shopify Inc. reported second-quarter sales and profit that beat analysts’ estimates, showing that the Canadian e-commerce company is managing to navigate cautious consumer spending. The shares ...
Founded in 2006, Shopify aims to help merchants sell their products easily online. Using Shopify's software-as-a-service and payments, shipping, and point-of-sale (POS) services, anyone can start ...
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