On a purified basis the company reported earnings per share of 34 cents, up from 7 cents a year ago and beating the FactSet consensus of 30 cents. The company's revenue also increased to $2.1 billion from $1.7 billion.
Gross Merchandise Volume(GMV)also saw an increase. It rose 23% to $75.1 billion, beating analysts' expectations of $72.2 billion. The company highlighted this in... Read more
I don't see $SHOP being talked about here. But I'd say it's worth mentioning.
The company posted mostly positive Q1 results today, and gained +25% right after the market opened. 🟢
But what has caused such growth from my perspective is news that suggests the company could be headed in a good direction. - Laying off 20% of employees - Selling all logistics assets where there was... Read more
