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Shopify Q1 Gross Margin Contracts, Misses Profit Estimate
Summary
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.
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Read Full ArticleArticle published on May 8, 2025 by benzinga