For the fourth quarter of 2024, Shopify (SHOP) expects: Revenues to grow at a mid-to-high-twenties percentage rate on a year-over-year basis; Gross profit dollars to grow at a year-over-year rate similar to Q3 2024; GAAP operating expense as a percentage of revenues to be 32% to 33%; Stock-based compensation to be $120 million; and Free cash flow margin to be similar to Q4 2023.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHOP:
- Options Volatility and Implied Earnings Moves Today, November 12, 2024
- Shopify (SHOP) Q3 Earnings: Here’s What to Expect
- Notable companies reporting before tomorrow’s open
- Options Volatility and Implied Earnings Moves This Week, November 11 – November 15, 2024
- SHOP Earnings Report this Week: Is It a Buy, Ahead of Earnings?