Shopify Earnings

• Shopify’s revenue surged 24% in the last quarter. So why is the stock down?

  Shopify topped Wall Street estimates for fourth-quarter revenue and profit, riding on demand for its ecommerce services from merchants during the holiday shopping season.

  Money

  Feb 13, 2024
  
• Shopify stock soars as it cuts staff again. Here’s what to know

  Canada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.

  Tech

  May 4, 2023
  
• Advertisement
• Shopify shares surge as execs chart path back to profitability following layoffs

  Shopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.

  Tech

  Oct 27, 2022
• Advertisement
• Shopify posts US$1.2B net loss in 2nd quarter amid deep job cuts

  Shopify pointed to higher costs related a recent acquisition and increased pressure from inflation on the e-commerce market as dragging down earnings in the months to come.

  Tech

  Jul 27, 2022
• Shopify to lay off 10% of workforce after pandemic growth bet ‘didn’t pay off’: CEO

  Shopify is cutting 10 per cent of its global workforce, the Ottawa-based e-commerce giant announced Tuesday, after its pandemic growth plans failed to materialize.

  Tech

  Jul 26, 2022
• Shopify says ‘extreme’ levels of pandemic-fuelled online shopping are easing

  Despite the downward trend, Shopify found e-commerce's portion of the retail market was still higher than it was two years ago.

  Money

  Oct 28, 2021
• Canadian tech giant Shopify hits $1B in quarterly revenue as in-person retail returns at higher levels

  Shopify crossed the $1-billion revenue threshold in its second quarter of fiscal 2021 as the e-commerce company holds its momentum from the COVID-19 pandemic.

  Tech

  Jul 28, 2021
• Shopify revenue jumps 110% amid pandemic-driven online sales boom

  Shopify was a clear pandemic winner as lockdowns fuelled a swift to online purchases.

  Money

  Apr 28, 2021
• Advertisement
• Fresh off Q4 profit, Shopify to focus on fulfilment, international market to sustain pandemic surge

  Shopify executives said they plan to pour money into strengthening its delivery fulfilment network and targeting international brands that would benefit from e-commerce.

  Money

  Feb 17, 2021
• Advertisement
• Shopify beats estimates as quarterly revenue nearly doubles annually

  The e-commerce giant showed revenues up 96 per cent annually for the quarter ending on Sept. 30.

  Money

  Oct 29, 2020