Shopify stock soars 21% on rosy guidance as CFO says tariff hit 'did not materialize'
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 21% on Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adjusted vs. 29 cents 35 cents adjusted vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over ye