For its second quarter, Shopify posted adjusted earnings of 26 cents a share, beating Wall Street’s call for 20 cents, according to FactSet.
Sales of $2.05 billion jumped 21% year over year, beating consensus of $2.01 billion. A year ago, sales were $1.69 billion. Stripping away the impacts of the sale of Shopify’s logistics business, sales rose by 25%, marking the fifth straight quarter of revenue growth above 25%.
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