Shopify nearly doubled total revenue in the second quarter to $714.3 million, a 97 percent increase from the year-ago period, showing that the e-commerce giant has perhaps been one of the biggest beneficiaries of the combined global non-essential store closures and overall shift toward online spending. Second-quarter gross merchandise volume (GMV) sold on the platform…
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Strong Earnings Confirm Shopify As a Long-Term Winner
Shopify (NYSE: SHOP ) stock popped to all-time highs after the e-commerce solutions provider reported second quarter-earnings that breezed past expectations and included explosive growth on the back of shopping-from-home tailwinds over the past few months.
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They point to the fact that Shopify is now a $120 billion company, projected to do less than $2.5 billion in sales this year, as proof that SHOP stock is wildly overvalued.
Recap: Shopify Q2 Earnings | Benzinga
Shares of Shopify (NYSE: SHOP ) moved higher by 7.5% in pre-market trading after the company reported Q2 results.
Earnings per share increased 650.00% over the past year to $1.05, which may not compare to the estimate of ($0.02).
TSX gains nearly 200 points as Shopify shares buoy tech sector - BNN Bloomberg
TORONTO -- Canada's main stock index gained nearly 200 points Wednesday as Shopify Inc. buoyed the tech sector with its strong quarterly results.
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"Shopify is definitely the big story, the big driver of the TSX today," said Nela Richardson, principal, investment strategy at Edward Jones.
"And, given its concentration in that sector, it's been a big driver year to date," she said of technology, which is "up considerably" so far this year.
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Global Shopify Designer Services Market 2020 – Comprehensive analysis with Top Trends, Size,
Global Shopify Designer Services Market presents comprehensive insights into the present and upcoming industry trends, enabling the readers to identify the products and services, hence driving the revenue increase and effectiveness. The research report presents a complete breakdown of all the major factors affecting the market on a global and regional scale, including drivers, constraints, threats, challenges, opportunities, and Shopify Designer Services industry-specific trends.
Shopify EPS beats by $1.03, beats on revenue (NYSE:SHOP) | Seeking Alpha
Shopify (NYSE: SHOP ) : Q2 Non-GAAP EPS of $1.05 beats by $1.03 ; GAAP EPS of $0.29 beats by $0.87 .
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