Shopify Q3 Earnings: Ninth Consecutive Quarter of Revenue Beat, GMV Up 24%, Positive Outlook And More

Quick Summary:

Shopify Inc (NYSE:SHOP) clocked fiscal third-quarter 2024 revenue growth of 26% year-over-year to $2.16 billion, which beat the analyst consensus estimate of $2.11 billion. 

Revenue growth marked its sixth consecutive quarter of greater than 25% revenue growth, excluding logistics.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Briefs Tech Earnings Benzinga Movers News Why it's moving SHOP Top Stories Guidance Stories That Matter

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 14:11:16 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 378 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23554952

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