Shopify (NYSE: SHOP) reported Q4 EPS of $0.43, $0.19 better than the analyst estimate of $0.24. Revenue for the quarter came in at $505.2 million versus the consensus estimate of $482.05 million.

GUIDANCE:

Shopify sees Q1 2020 revenue of $440-446 million, versus the consensus of $444.5 million.

• Revenues in the range of $440 million to $446 million
• GAAP operating loss in the range of $101 million to $105 million
• Adjusted operating loss4 in the range of $30 million to $34 million, which excludes stock-based compensation expenses and related payroll taxes of $65 million, and amortization of acquired intangibles of $6 million
• First-quarter 2020 adjusted operating income expectations reflect the inclusion of the first full quarter of operating results associated with 6 River Systems, Inc. and the launch of our second major brand campaign in our core geographies, the first campaign of which was in the second quarter of 2019.

Shopify sees FY2020 revenue of $2.13-2.16 billion, versus the consensus of $2.11 billion.

• Revenues in the range of $2.130 billion to $2.160 billion
• GAAP operating loss in the range of $324 million to $344 million
• Adjusted operating loss4 in the range of $0 to $20 million, which excludes stock-based compensation expenses and related payroll taxes of $300 million, and amortization of acquired intangibles of $24 million
• Capital expenditures of approximately $80 million, largely related to new office space to accommodate the growth of Shopify's workforce

For earnings history and earnings-related data on Shopify (SHOP) click here.