Internet, Everywhere - February 15, 2023 - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today financial results for the quarter and year ended December 31, 2022.
“Since the very beginning, Shopify’s mission has been to level the playing field for our merchants by lowering barriers, simplifying operations, and leveraging our scale to give them the superpowers they need to compete globally.
Shopify revenue rises in Q4
Shopify Inc. reported $1.73 billion in revenue for its fiscal fourth quarter ended Dec. 31, 2022. That’s a 26% jump from a year earlier, a sign the ecommerce platform provider is succeeding in its turnaround efforts.
Shopify Earnings Released: Shopify Stock Takes A Hit
Shopify announced its fourth-quarter financial results earlier this week. While the company posted higher-than-expected revenue and earnings for the fourth quarter, stock prices fell due to a lower-than-anticipated first-quarter revenue outlook.
Cathie Wood Bulks Up On Shopify Amid Stock's 18% Post-Earnings Drop, Sells This Major Holding ...
Cathie Wood's Ark Invest reversed its stance on Canadian e-commerce retailer Shopify, Inc. SHOP and began bulking up on the stock this week.
Shopping For Shopify: Ark Invest, through its flagship Ark Innovation ETF ARKK as well as Ark Fintech Innovation ETF ARKF and Ark Next Generation Internet ETF ARKW , bought 125,506 shares of Shopify on Friday, daily trade information from the firm showed.
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