SignalEarnings

Shopify stock sinks after earnings report as revenue missed expectations

Shopify revenue missed earnings expectations, causing stock decline.

Context

What happened: Shopify reported quarterly results for the period ended Sept. 30, and its stock fell after revenue missed expectations. Key numbers: Revenue grew 32%. Gross merchandise volume was $119 billion. The quarter ended Sept. 30. Why it matters: The revenue shortfall against expectations coincided with a decline in Shopify's stock price. Coverage: 3 outlets in 24h

What changed

Shopify reported quarterly results for the period ended Sept. 30, and its stock fell after revenue missed expectations.

Why it matters

The revenue shortfall against expectations coincided with a decline in Shopify's stock price.

Sources