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Stock impact report

Shopify shares rise after revenue beat [MarketWatch]

Shopify, Inc Subordinate Voting Shares (SHOP)  More Company Research Source: MarketWatch
Last shopify, inc subordinate voting shares earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
PDF Shopify shares rise after revenue beat Shopify Inc. SHOP, -7.54% shares rose 1.7% in Tuesday premarket trading after the cloud-based commerce platform reported second-quarter revenue that beat expectations. Shopify reported a net loss of $24.0 million, or 23 cents per share, after a loss of $9.4 million, or 15 cents per share, for the same period last year. Adjusted EPS was 2 cents per share. Revenue totaled $245.0 million, up from $151.7 million last year. The FactSet consensus was for a 3-cents-per-share loss and revenue of $235.0 million. Shopify expects third-quarter revenue in the range of $253.0 million to $257.0 million. The FactSet consensus is for third-quarter revenue of $253.2 million. Shopify shares have rallied 46.6% for 2018 so far, while the S&P 500 index SPX, -0.58% is up nearly 5% for the period. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. [Read more]
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