E-commerce software platform Shopify (NYSE:SHOP) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 26.8% year on year to $2.36 billion. The company expects next quarter’s revenue to be around $2.56 billion, close to analysts’ estimates. Its non-GAAP profit of $0.26 per share was in line with analysts’ consensus estimates.
On Thursday, Cathie Wood-led Ark Invest made significant moves in the stock market, focusing on Shopify Inc. (NASDAQ:SHOP), Palantir Technologies Inc. (NASDAQ:PLTR), and Block I
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
Shopify Inc (NASDAQ: SHOP) stock dropped after reporting Q1 results, beating revenue estimates with 26.8% growth. Adjusted EPS of $0.25 and net income of $335M. Q2 outlook predicts mid-twenties revenue growth and similar free cash flow margin. SHOP stock down 7.63% premarket.
E-commerce software platform Shopify (NYSE:SHOP) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 26.8% year on year to $2.36 billion. Guidance for next quarter’s revenue was optimistic at $2.56 billion at the midpoint, 2.2% above analysts’ estimates. Its GAAP loss of $0.53 per share was significantly below analysts’ consensus estimates.
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
