Shopify shares soar 22% after earnings top expectations, upbeat forecast
Shopify(SHOP) CNBC·2024-08-07 13:51
The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto.Shares of Shopify popped as much as 22% in early trading on Wednesday after the Canadian e-commerce company topped expectations for the second quarter, citing strong demand despite "a mixed consumer spend environment."Here's how the company did:Earnings: 26 cents per share vs. 20 cents per share expected by LSEGRevenue: $2.05 billion vs. $2.01 billion expected by LSEGThe company said gross merchandise volume, or the total ...