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Shopify (NYSE:SHOP) Exceeds Q4 Expectations But Stock Drops

E-Commerce software platform Shopify (NYSE:SHOP) reported Q4 FY2023 results beating Wall Street analysts' expectations, with revenue up 23.6% year on year to $2.14 billion. It made a non-GAAP profit of $0.34 per share, improving from its profit of $0.07 per share in the same quarter last year.
Harley Finkelstein Picking Winners In High Technology Wall Street Cash Flow Gorilla Game Special Free Report
Source: yahoo.com

Akamai (NASDAQ:AKAM) Posts Q4 Sales In Line With Estimates But Stock Drops

Web content delivery and security company Akamai (NASDAQ:AKAM) reported results in line with analysts' expectations in Q4 FY2023, with revenue up 7.2% year on year to $995 million. On the other hand, the company expects next quarter's revenue to be around $990 million, slightly below analysts' estimates. It made a non-GAAP profit of $1.69 per share, improving from its profit of $1.37 per share in the same quarter last year.
Tom Leighton Picking Winners In High Technology Cash Flow Chief Executive Gorilla Game Special Free Report
Source: yahoo.com

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