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Shopify Up 14% at Fresh 52 Week High Levels As Q3 Revenues Beat Forecast; Sets Q4 Revenue Outlook
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Shopify Up 14% at Fresh 52 Week High Levels As Q3 Revenues Beat Forecast; Sets Q4 Revenue Outlook
Nov 12, 2024 5:37 AM

07:58 AM EST, 11/12/2024 (MT Newswires) -- Shopify ( SHOP ) was at last look up 14% and at fresh 52 week high levels in US prmarket trade after reporting Q3 revenue Tuesday of US$2.16 billion, up from $1.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.11 billion.

The company said it expects Q4 revenue to grow "at a mid-to-high-twenties percentage rate on a year-over-year basis."

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