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“Shopify shares soar 17% after earnings top expectations, company gives upbeat forecast”

“…Here’s how the company did compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: 26 cents vs. 20 cents expected
  • Revenue: $2.05 billion vs. $2.01 billion expected

The company said gross merchandise volume, or the total volume of merchandise sold on the platform, jumped 22% during the quarter to $67.2 billion. That easily topped consensus estimates of $65.8 billion, according to FactSet…”

https://www.cnbc.com/2024/08/07/shopify-shop-earnings-q2-2024.html

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