CA - Shopify Q1 results eclipsed by GAAP loss margin shrinkage in Q2
2024-05-08 08:10:03 ET
Shopify ( NYSE: SHOP ) shares are limping into Wednesday’s open as much as 17% in the red after the company’s latest quarterly results were overshadowed by a GAAP loss and expectations for a 50 basis point decline in its gross margin. ...
Shopify Q1 results eclipsed by GAAP loss, margin shrinkage in Q2