SHOP News and Press, Shopify Inc. Class A Subordinate From 11/07/23

2023-11-07 12:52:30 ET Summary Shopify's stock has rallied over 20% after strong 3Q FY2023 earnings, with positive GAAP operating income and rebounding top-line revenue. Subscription solutions revenue grew 29.2% YoY, indicating successful pricing changes and attracting more mercha...

2023-11-07 11:43:17 ET More on Markets Twenty cheap long stock alternatives after the biggest rally in a decade BofA clients pumped $2.7B into U.S. equities as the S&P 500 rallied last week Wells Fargo sees little guidance follow-through from Q3 results V...

2023-11-07 08:00:00 ET Summary Shopify's quarterly performance was strong, with a 25.5% YoY increase in revenue and substantially improved profitability metrics. The company's focus on innovation and expanding internationally positions it well to capture positive secular shifts in...

2023-11-07 05:27:52 ET Summary Shopify reported strong earnings, surpassing estimates with EPS of $0.24 and FCF of $270 million in Q3. The company's revenue growth remains above 20% and it is gaining significant market share in the struggling retail industry. Analyst estimates...

2023-11-06 13:52:43 ET Summary Shopify's Q3 earnings beat estimates by a wide margin, and the e-commerce company submitted strong guidance for FY 2023 revenues. The recent collaboration between Amazon and Shopify could lead to increased revenue growth for Shopify, especially in th...

2023-11-06 08:30:00 ET Summary Shopify's Q3 2023 financial results beat expectations, with revenue of $1.71B and normalized EPS of $0.24. After a painful 2022, Shopify is back to profitable growth and robust cash flow generation. Despite strong business performance, Shopify's ...

KING OF PRUSSIA, Pa., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced today its partnership with Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infr...

2023-11-05 12:00:00 ET Summary Shopify's FQ3 2023 results have turned out as expected, with the robust consumer spending contributing to its expanded GMVs and GPVs. The same trend has also been reported by multiple e-commerce and fintech companies, supporting the resilience of e-c...

2023-11-05 10:45:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Global Advantage Fund lost 6.1% in Q3 2023, underperforming its benchmarks. ...

2023-11-05 05:45:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Fifth Avenue Growth Fund lost 3.5% in Q3, in line with benchmarks. Fundament...