Shopify reports first-quarter loss, revenue up 50 per cent from year ago [Toronto Globe and Mail (Ontario, Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: Toronto Globe and Mail
Shopify reports first-quarter loss, revenue up 50 per cent from year ago Shopify Inc. reported a loss of US$24.2-million in its latest quarter as its revenue grew 5 per cent compared with a year ago. The online shopping software company, which keeps its books in U.S. dollars, says the loss amounted to 22 cents per share for the quarter ended March 31 compared with a loss of $15.9-million or 16 cents per share a year ago. Revenue totalled $32.5-million, up from $214.3-million. Story continues below advertisement The increase came as subscription solutions revenue grew to $14.5-million compared with $1.3-million a year ago, while merchant solutions revenue climbed to $18-million from $114.1-million. On an adjusted basis, Shopify says it earned $1.3-million or nine cents per share for the quarter, compared with an adjusted profit of $4.2-million or four cents per share in the first quarter of 218. Analysts on average had expected a loss of five cents per share and $31-million in revenue
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SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website