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What Time Does Shopify Report Earnings?

Last updated on October 1, 2022 @ 7:59 pm

Shopify is set to report earnings after the market close on Thursday, March 12. Ahead of the report, Shopify stock was up nearly 4% on the day.

Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.”

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake. Lütke, a former software engineer at Adobe Systems, originally built Shopify as an internal tool to run his own snowboarding gear website.

He then decided to develop it into a platform others could use. Shopify launched its platform in 2006.

Shopify has been profitable since 2015. In 2019, it reported annual revenue of $1.58 billion, up 47% from 2018. Its net income more than tripled to $373.6 million.Shopify went public on the New York Stock Exchange in May 2015. What Time Does Shopify Report Earnings?

Shopify is set to report earnings after the market close on Thursday, March 12.

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Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.