SHOP - Global-E Online's Q4 Topline Exceed Expectations But Shares Tumble On Lower-Than-Expected Q1 Revenue Forecast | Benzinga
Global-E Online Ltd. (NASDAQ:GLBE) reported fourth-quarter fiscal 2023 sales growth of 32.6% year-over-year, to $185.40 million, beating the consensus of $181.99 million.
Gross Merchandise Value (GMV) rose 42 Y/Y to $1.19 billion. Adjusted gross profit was $79.12 million, an increase of 37% year over year. The adjusted gross margin expanded by 140 bps to 42.7%.
Loss per share of $(0.13) was an improvement from $(0.18) the prior ...