Shopify Inc.

SHOP

CA82509L1076

Internet Services

Market Closed - Nyse Other stock markets 04:00:02 2024-12-04 pm EST			5-day change	1st Jan Change
113.43 ^USD	+1.40%		+0.79%	+45.61%

Dec. 04	Deutsche Bank on Shopify BFCM Sales	MT
Dec. 03	National Bank on Shopify Black Friday Sales	MT

Shopify Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

November 12, 2024 at 07:03 am EST

Shopify Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 1,552 million compared to USD 1,228 million a year ago. Revenue was USD 2,162 million compared to USD 1,714 million a year ago. Net income was USD 828 million compared to USD 718 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 0.56 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to USD 0.55 a year ago.
For the nine months, sales was USD 4,384 million compared to USD 3,604 million a year ago. Revenue was USD 6,068 million compared to USD 4,916 million a year ago. Net income was USD 726 million compared to net loss of USD 525 million a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to basic loss per share from continuing operations of USD 0.41 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to diluted loss per share from continuing operations of USD 0.41 a year ago.

Latest news about Shopify Inc.

Deutsche Bank on Shopify BFCM Sales	Dec. 04	MT
National Bank on Shopify Black Friday Sales	Dec. 03	MT
Cyber Monday Spending Climbs to Record $13.3 Billion, Beating Expectations, Adobe Data Show	Dec. 03	MT
Shopify Merchants Post Record $11.5 Billion in Sales During Black Friday-Cyber Monday Weekend	Dec. 03	MT
Tech Advances on Holiday Sales Optimism - Tech Roundup	Dec. 02	DJ
Consumer Cos Climb After Strong Start to Holiday Sales - Consumer Roundup	Dec. 02	DJ
RBC on Canadian Tech Sector	Nov. 29	MT
Criteo S.A. : Improve your online business	Nov. 28
Tech Down on HP, Dell Outlook -- Tech Roundup	Nov. 27	DJ
DZ Bank Downgrades Shopify to Sell, Price Target is CA$127.21	Nov. 21	MT
Daily Harvest Invests in Tech Stack with Shopify, Ordergroove and Klaviyo to Power Future Growth and Innovative Customer Experience	Nov. 19	CI
Deutsche Bank Raises Shopify Price Target to $125 From $85, Maintains Buy Rating	Nov. 18	MT
Shopify Inc: High expectations	Nov. 15
Pivotree Inc. Brief: Keeps Sector Perform But Target Eased To C$1.75 From $2 at National Bank on "Positive Signs in the Early Stages of Recovery" After Q3 Results Analysis	Nov. 13	MT
UBS Adjusts Price Target on Shopify to $110 From $75, Keeps Neutral Rating	Nov. 13	MT
Global markets live: Spotify, Amazon, Walt Disney, Apple, Klarna...	Nov. 13
Shopify Q3 Revenue Gains, Q4 Targets Driven by Solid Merchant Adds, Stable Consumer, Morgan Stanley Says	Nov. 13	MT
Oppenheimer Adjusts Shopify Price Target to $130 From $90, Maintains Outperform Rating	Nov. 13	MT
Shopify Price Target Raised to US$130 at RBC	Nov. 13	MT
Shopify Brief: Truist Cited International, B2B, and Upmarket Strength in Q3; Notes Outlook Moves Materially Higher in Q4	Nov. 13	MT
Shopify Brief: Kept Hold Rating But Price Target Lifted To US$110 From %65 In Overnight Note From Truist After "Strong Quarter and Guide"	Nov. 13	MT
Shopify Brief: Kept Neutral Rating and US$115 12-Month Price Target In Overnight Note From Wedbush After "Strong Quarter and Guide"	Nov. 13	MT
TSX futures edge lower ahead of US inflation data	Nov. 13	RE
Morgan Stanley Raises Price Target on Shopify to $126 From $85, Keeps Overweight Rating	Nov. 13	MT
Tech Up as Momentum Still Favors Sector -- Tech Roundup	Nov. 12	DJ

Chart Shopify Inc.

Duration

Period

SHOP: Dynamic Chart

Company Profile

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Employees

8,300

Sector

Internet Services

Calendar

2025-02-11 - Q4 2024 Earnings Release (Projected)

More about the company