Categories AlphaGraphs, Earnings, Retail

Shopify (SHOP) Earnings: Key highlights from Q3 2021 report

E-commerce platform Shopify (NYSE: SHOP) on Thursday reported a 46% growth in third-quarter 2021 revenues. However, adjusted earnings decreased year-over-year.

Shopify Q3 2021 earnings infographic

Revenues moved up 46% annually to $1.12 billion, which was below the consensus estimates.

However, adjusted profit dropped to $0.81 per share from $1.13 per share in the third quarter of 2020. The reported net income was $1.15 billion or $9.0 per share, compared to $191.1 million or $1.54 per share in the prior-year period.


Read management/analysts’ comments on Shopify’s Q3 report


The company’s stock declined on Thursday morning immediately after the earnings announcement, after closing the previous session lower.

Prior Performance

  • Shopify Inc Q2 2021 earnings
  • Shopify Q1 2021 earnings

Most Popular

Shopify (SHOP): This recession-proof stock looks unstoppable. Here’s why

The virus-related movement restrictions have had a complementary effect on the business of Shopify Inc. (NYSE: SHOP), which was already thriving on the widespread cloud adoption and digital shift. The

IPO: Here are the things to know about Fresh Grapes’ market debut

There has been a spurt in the number of food and beverages companies going public lately, but many of them failed to perform as expected in the stock market. Fresh

Hormel Foods (HRL) fine-tunes biz strategy to beat challenges. Is the stock a buy?

For consumer staples companies, rising inflation is probably turning into a bigger challenge than the virus-induced supply chain disruption and store closures. After bettering its position since the early months

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top