News Formal

Shopify scores a big profit beat, and its stock is surging after earnings

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Company expects free cash flow margin to improve further in fourth quarter

Shopify Inc. shares were surging about 8% in Thursday’s premarket action after the company easily topped profit expectations for its third quarter.

Revenue rose to $1.71 billion from $1.37 billion and edged the FactSet consensus, which was for $1.67 billion. The company saw 29% growth in its subscriptions-solutions revenue, which reached $486 million, along with 24% growth in the merchant-solutions category, which raked in $1.23 billion in revenue.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

CVS Health’s stock up after earnings beat, but company lowers full-year EPS guidanceCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Zillow's stock drops 4% after real-estate company lowers revenue outlookInvestors focused on weaker outlook for current quarter
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

SolarEdge’s stock tanks 22% after company swings to surprise loss, revenue dropClaudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter ClaudiaAssisMW.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »