Shopify Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,350 million compared to USD 1,126 million a year ago. Revenue was USD 1,861 million compared to USD 1,508 million a year ago.

Net loss was USD 273 million compared to net income of USD 68 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.21 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.