Shopify's Growth Still Looks Solid

Here's our initial take on Shopify's (SHOP 2.12%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsTotal revenue$2.14 billion$2.81 billion+31%BeatAdjusted earnings per share$0.34$0.44+29%BeatGross merchandise value$75.1 billion$94.5 billion+26%n/aFree cash flow$446 million$611 million+37%n/aA Milestone for ShopifyShopify's fourth-quarter financial report kept the company on a track toward regaining its full glory after losing well over 80% of its value during the 2022 bea ...