Technology | Application Software | Canada
Shopify shares slide 5% premarket after posting loss
Shopify Inc. shares SHOP, -4.56% fell 5% in premarket trade Tuesday, after the multi-channel shopping platform posted a loss for the fourth quarter. The company said it had a net loss of $1.514 million, or 1 cents a share, narrower than the $2.987 million loss, or 3 cents a share, posted in the year-earlier period. Adjusted per-share earnings came to 26 cents a share, ahead of the 21 cents FactSet consensus. Revenue rose to $343.9 million from $222.8 million, also ahead of the FactSet consensus of $327.0 million.
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https://www.marketwatch.com/story/shopif...yptr=yahoo
Shopify shares slide 5% premarket after posting loss
Shopify Inc. shares SHOP, -4.56% fell 5% in premarket trade Tuesday, after the multi-channel shopping platform posted a loss for the fourth quarter. The company said it had a net loss of $1.514 million, or 1 cents a share, narrower than the $2.987 million loss, or 3 cents a share, posted in the year-earlier period. Adjusted per-share earnings came to 26 cents a share, ahead of the 21 cents FactSet consensus. Revenue rose to $343.9 million from $222.8 million, also ahead of the FactSet consensus of $327.0 million.
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https://www.marketwatch.com/story/shopif...yptr=yahoo