Shopify Inc. (NYSE: SHOP) reported first quarter 2022 earnings outcomes at the moment.
Whole income grew 22% year-over-year to $1.2 billion.
Internet loss was $1.5 billion, or $11.70 per share, in comparison with internet earnings of $1.3 billion, or $9.94 per share, final 12 months. Adjusted EPS was $0.20.
For 2022, Shopify expects year-over-year income progress to be decrease within the first half and highest within the fourth quarter of 2022, because the pandemic-fueled acceleration of ecommerce within the first half of 2021 slowed down throughout the first half of 2022.
(This story shall be up to date shortly with an infographic)