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Shopify Shares Fall 7% After Third-Quarter Revenue Narrowly Misses Estimates
watch now Shares of e-commerce platform Shopify fell 7% on Tuesday after the company missed estimates on subscription gross profit and
watch now Shares of e-commerce platform Shopify fell 7% on Tuesday after the company missed estimates on subscription gross profit and gross merchandise volume. Shopify reported before the bell Tuesday and posted adjusted earnings of 49 cents per share, topping LSEG estimates of 46 cents per share. Overall, quarterly revenue of $3.74 billion came in just below LSEG estimates of $3.75 billion.
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Shopify Shares Fall 7% After Third-Quarter Revenue Narrowly Misses Estimates
Shares of Shopify fell 7% on Tuesday after the e-commerce platform missed analyst estimates on subscription gross profit and gross merchandise volume. The company reported adjusted earnings of 49 cents per share, topping LSEG estimates of 46 cents. Quarterly revenue of $3.74 billion came in just below the LSEG estimate of $3.75 billion. Shopify said it expects fourth-quarter revenue growth in the low thirties percent range year over year. The results were reported before the market opened on November 3, 2026.