Shopify Inc Registered Shs -A- Subord Vtg
SHOP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %bC | LOCK|HNY#d | LOCK|FL!F%& |
Shopify Earnings: Strong Results and Guidance Command Higher Estimates and Fair Value Hike
Shopify's second-quarter results were notably better than the firm’s outlook and FactSet consensus estimates. Revenue grew 34% year over year to USD 3.58 billion, while non-GAAP operating margin was 17.4%. Near-term guidance was better than expected on the top and bottom lines.
