Shopify (SHOP) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Shopify (SHOP) reported fourth-quarter 2023 adjusted earnings of 34 cents per share, comfortably beating the Zacks Consensus Estimate by 9.68%. The company reported earnings of 7 cents per share in the year-ago quarter.Total revenues jumped 23.6% year over year to $2.14 billion, which beat the Zacks Consensus Estimate by 3.66%.Quarter in DetailSubscription Solutions revenues increased 31.3% year over year to $525 million primarily due to more merchants joining the platform, as well as pricing changes for ex ...