Shopify shares sink as company posts Q1 loss, forecasts slower revenue growth

Shopify Inc.'s shares dropped 19.5 per cent as the company reported a loss in its latest quarter and slower revenue growth for next quarter in its financial outlook.

On an adjusted basis, Shopify says it earned 20 cents US per diluted share in its latest quarter, up from an adjusted profit of a penny US per share in the first quarter of 2023.Ontario Provincial Police say 64 suspects are facing a combined 348 charges in connection with a series of child sexual exploitation investigations that spanned the province.

For the past 12 years, Krista Richard has been delivering bikes to people in the Greater Moncton area free of charge.'I love being doubted': Canucks' coach embraces underdog role ahead of Round 2 An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.Whether passionate about Poirot or hungry for Holmes, Winnipeg mystery obsessives have had a local haunt for over 30 years in which to search out their latest page-turners.Eighty-two-year-old Susan Neufeldt and 90-year-old Ulrich Richter are no spring chickens, but their love blossomed over the weekend with their wedding at Pine View Manor just outside of Rosthern.

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Shopify Slump Seen as Entry Point For Traders Ahead of EarningsA recent slump in Shopify Inc.’s share price has set up a compelling entry point for investors ahead of Wednesday’s highly-anticipated earnings release, according to three new Wall Street bulls.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »

Shopify Slump Seen as Entry Point For Traders Ahead of Earnings(Bloomberg) -- A recent slump in Shopify Inc.’s share price has set up a compelling entry point for investors ahead of Wednesday’s highly-anticipated...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

E-commerce company Shopify reports Q1 loss, revenue up 23% from year agoOTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago. The e-commerce software company, which keeps its books in U.S.
स्रोत: SooToday - 🏆 8. / 85 और पढो »

Shopify Tumbles as Margins Fall After Sale of Logistics BusinessShopify Inc. shares tumbled after the Canadian e-commerce company said gross margins would decrease in the current quarter as a result of the sale of its logistics business.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »

E-commerce company Shopify reports Q1 loss, revenue up 23% from year agoOTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago. The e-commerce software company...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »