Shopify Beats on EPS but GMV Miss Signals Slowing Growth
Shopify's Q3 revenue rose 32% to $3.7B with EPS of $0.49, but GMV growth slowed to 29%, missing the $120B consensus and rattling investors at 65x forward earnings.
Topic
Gmv
Topic
Topic
Topic
Shopify's Q3 revenue rose 32% to $3.7B with EPS of $0.49, but GMV growth slowed to 29%, missing the $120B consensus and rattling investors at 65x forward earnings.