News Formal

Shopify to buy U.S.-based startup Deliverr for US$2.1-billion, shares fall as earnings miss forecasts

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

On an adjusted basis, Shopify reported earnings per share of 20 US cents, short of the 64 US cents analysts had been expecting

reported first-quarter earnings that fell short of analysts’ expectations on profit and revenue, sending shares of the e-commerce company lower in pre-market trading on Thursday.

In pre-market trading, shares were down nearly 14 per cent, sitting at US$418 on the New York Stock Exchange around 8 a.m. Gross merchandise volume, a figure that shows the value of sales through Shopify’s platform, grew 16 per cent in the first quarter from a year earlier to US$43.2-billion. That’s also behind analyst projections of US$46.5-billion.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Shopify reaches deal to buy logistics company Deliverr for US$2.1 billion - National | Globalnews.caUnder the agreement, Shopify will pay about 80 per cent of the Deliverr purchase price in cash and 20 per cent in Shopify shares, the company says.
Källa: GlobalNational - 🏆 81. / 51 Läs mer »

Shopify signs deal to buy logistics company Deliverr for US$2.1 billionShopify Inc. announced a deal Thursday to buy logistics company Deliverr Inc. in a deal valued at about US$2.1 billion.
Källa: CTVNews - 🏆 1. / 99 Läs mer »