SHOP - Shopify Inc. (SHOP) Q1 2024 Earnings Call Transcript
2024-05-08 12:18:13 ET
Shopify Inc. (SHOP)
Q1 2024 Earnings Call Transcript
May 08, 2024, 08:30 AM ET
Company Participants
Carrie Gillard - IR
Harley Finkelstein - President
Jeff Hoffmeister - CFO
Conference Call Participants
Trevor Young - Barclays
Matt Coad - Autonomous
Mark Zgutowicz - Benchmark
Andrew Boone - JMP Securities
Ian Peterson - Evercore ISI
Michael Morton - MoffettNathanson
Martin Toner - ATB Capital
Andrew Bauch - Wells Fargo
Samad Samana - Jefferies
Presentation
Carrie Gillard
Good morning, and thank you for joining Shopify's First Quarter 2024 Conference Call. Harley Finkelstein, Shopify's President, and Jeff Hoffmeister, our CFO, are with us today. After their prepared remarks, we will open it up for your questions.
We will make forward-looking statements on our call today that are based on assumptions and, therefore, subject to risks and uncertainties that could cause actual results to differ materially from those projected. We undertake no obligation to update these statements, except as required by law. You can read about these assumptions, risks and uncertainties in our press release this morning as well as in our filings with the US and Canadian regulators.
We'll also speak to adjusted financial measures, which are non-GAAP and not a substitute for GAAP financial measures. Reconciliations between the two are in the tables at the end of our press release. And finally, we report in US dollars. So, all amounts discussed today are in US dollars unless otherwise indicated.
With that, I'll turn the call over to Harley.
Harley Finkelstein
Thanks, Carrie, and good morning, everyone. The start of 2024 has been very strong for Shopify with more and more merchants thriving on our platform. This is the strongest version of Shopify yet. We're helping millions of merchants around the world to both start and scale their businesses. For four straight quarters, we have demonstrated our ability to drive results at scale, growing revenue over 25%, excluding logistics. And as we have proven over the last two decades, the more hard problems we solve for merchants, the more we add to our flywheel and the better off commerce is for everyone today, tomorrow and for many years to come....
Shopify Inc. (SHOP) Q1 2024 Earnings Call Transcript