Shopify Inc. (NYSE: SHOP ) is now trading at a new 52-week high as the stock's rally continues on its blockbuster Q3 results. The company reported revenue growth of 26% y/y to $2.162 billion on gross merchandise volume ("GMV") of close to $70 billion. This farAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am ...

Financial Data and Key Metrics - The company reports all financial data in US dollars unless otherwise indicated [4] - Adjusted financial measures are non-GAAP and should not be considered a substitute for GAAP financial measures Reconciliations between GAAP and non-GAAP measures are provided in the press release tables [4] Business Lines and Key Metrics - No specific data or metrics related to individual business lines were provided in the content Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content Company Strategy and Industry Competition - No specific details on company strategy or industry competition were provided in the content Management Commentary on Operating Environment and Future Outlook - The company made forward-looking statements based on assumptions which are subject to risks and uncertainties that could cause actual results to differ materially from those projected [3] - Undue reliance should not be placed on these forward-looking statements and the company undertakes no obligation to update or revise them except as required by law [3] Other Important Information - The conference call included prepared remarks from Harley Finkelstein President and Jeff Hoffmeister CFO followed by a Q&A session [2] Q&A Session - No specific questions or answers from the Q&A session were provided in the content

Shopify (SHOP) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this cloud-based commerce company would post earnings of $0.20 per share when it actually produced earnings of $0.26, delivering a surprise of 30%.Over the last four quarters, th ...

Shopify published its Q3 report this morning, and it gave investors plenty to be excited about.Shopify (SHOP 25.31%) stock is surging in Tuesday's trading following the release of the company's third-quarter earnings report. The e-commerce specialist's share price was up 25.6% as of 11 a.m. ET.Shopify published its Q3 report before the market opened this morning, delivering sales and earnings for the period that beat Wall Street's expectations. Even better, the e-commerce leader's forward guidance came in f ...

Key TakeawaysShopify beat analysts' third-quarter estimates for operating income, revenue, and free cash flow as sales surged.Operating income soared 132% year-over-year to $283 million, with revenue up 26% to $2.16 billion.The provider of online sales services to retailers anticipates current-quarter revenue will be up by a mid-to-high-twenties percentage. Shopify (SHOP) shares soared to their highest level in nearly three years Tuesday as the provider of online services for retailers posted better-than-an ...

Shopify shares popped more than 25% in Tuesday morning trading after the Canadian e-commerce company posted better-than-expected revenue for the third quarter and gave an optimistic forecast for the holiday shopping season.Here's how the company did:Earnings: 64 cents per share. That may not compare with LSEG estimates.Revenue: $2.16 billion vs. $2.12 billion expected by LSEGShopify said it expects revenue in the current quarter to grow at at a percentage in the mid- to high-twenties. That surpassed Wall St ...

Shopify stock is up 20% after the company reported Q3 earnings. Is the stock a buy right now?In this video, I will cover Shopify's (SHOP 26.18%) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 11, 2024. The video was published on Nov. 12, 2024. ...

EXHIBIT 99.2 MANAGEMENT'S DISCUSSION AND ANALYSIS November 11, 2024 In this Management's Discussion and Analysis ("MD&A"), "we", "us", "our", "Shopify" and "the Company" refer to Shopify Inc. and its consolidated subsidiaries, unless the context requires otherwise. In this MD&A, we present Shopify's results of operations and cash flows for the three and nine months ended September 30, 2024 and 2023, and our financial position as of September 30, 2024. You should read this MD&A together with our unaudited co ...

s | shopify Q3 2024 Financial Results November 12, 2024 Advisories This presentation contains forward-looking statements and forward looking information (collectively, "forward-looking statements"), including statements related to Shopify's financial outlook, including expected revenue and expenses for the next fiscal quarter, that are based on our management's current estimates, beliefs and assumptions and management's perception of historic trends, current conditions and expected future developments, as w ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...