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Shopify Beats Quarterly Revenue Estimates as AI Tools Attract More Customers
Shopify (NYSE:SHOP) reported quarterly sales of $2.162 billion which beat the analyst consensus estimate of $2.113 billion by 2.30 percent. This is a 26.14 percent increase over sales of $1.714 billion the same period last year.U.S.-listed shares of the company rose 13% in premarket trading.