February 15, 2018 / 5:37 PM / 9 months ago

BUZZ-Shopify dips after quarterly sales a little less explosive

** U.S. shares of Shopify dropping 1.7 pct on Thurs after the Canadian software co posted 71 pct jump in Q4 rev, its slowest growth since 2015 IPO

** Co’s stock has surged 123 pct in past year, driven by explosive growth in sales of its online retailing software

** SHOP is up 16 pct since Oct 2017, when short seller Citron Research attacked its marketing model and called it a “get-rich-quick scheme”

** Excluding items, SHOP earned 15 cents per share in the reported qtr, beating analysts’ estimate by 10 cents, according to Thomson Reuters I/B/E/S

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below