Shopify Inc. (NYSE:SHOP) will release earnings results for the second quarter before the opening bell on Wednesday, Aug. 6.
Analysts expect the Ottawa, Canada-based company to report quarterly earnings at 29 cents per share, up from 26 cents per share in the year-ago period. Shopify is projected to report quarterly revenue of $2.55 billion, compared to $2.04 billion a year earlier, according to data from Benzinga Pro.
On May 8, Shopify reported fiscal first-quarter results. The company’s quarterly revenue growth of 26.8% year over year to $2.36 billion beat the analyst consensus estimate of $2.33 billion.
Shopify shares rose 1.4% to close at $127.00 on Tuesday.
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