Shopify rips strong quarter, expects hot growth rate to moderate

Feb. 17, 2021 7:27 AM ETShopify Inc. (SHOP), SHOP:CABy: Clark Schultz, SA News Editor31 Comments
  • Shopify (NYSE:SHOP) gains after revenue sailed 94% higher in Q4 and GMV soared 99% to $41.1B.
  • The company recorded an adjusted gross margin rate of 52.2% of sales vs. 51.6% consensus and 53.4% a year ago. The adjusted operating margin rate of 20.5% topped the consensus

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