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Business & Economics

Shopify Q1 Gross Margin Contracts, Misses Profit Estimate

Benzinga
Summary
Nutrition label

80% Informative

Shopify Inc. ( NASDAQ : SHOP ) stock dropped after the company reported fiscal first-quarter results on Thursday .

The company's quarterly revenue growth of 26.8% year over year to $2.36 billion beat the analyst consensus estimate.

The e-commerce platform company reported adjusted EPS of $ 0.25 , up 25% year-over-year .

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75

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English

Language complexity

34

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