Shopify beat analysts' third-quarter estimates for operating income, revenue, and free cash flow as sales surged.

In this video, I will cover Shopify's (NYSE: SHOP) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Nov. 11, 2024. The video was published on Nov. 12, 2024.Read More: Earn up to $845 cash back this year just by changing how you pay at Costco! Learn more here. Don’t miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $23,295!* Apple: if you invested $1,000 when we doubled down in 2008, you’d have $42,465!* Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $434,367!* Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon. See 3 “Double Down” stocks » *Stock Advisor returns as of November 11, 2024 Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Shopify stock gained 14% to $102.84 in premarket trading Tuesday. For its third quarter, the company reported revenue of $2.16 billion, rising 26% from the year-ago quarter but be