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

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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.

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.

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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.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »

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...
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »

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.
منبع: SooToday - 🏆 8. / 85 ادامه مطلب »

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.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »

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...
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »