Shopify reports Q4 adjusted EPS 7c, consensus (1c)

Reports Q4 revenue $1.7B, consensus $1.65B. Gross Merchandise Volume increased 13% to $61.0 billion, an increase of $6.9 billion over the fourth quarter of 2021, up 17% on a constant currency basis. Gross Payments Volume grew to $34.2 billion, representing 56% of GMV processed in the quarter, versus $27.7 billion, or 51%, for the fourth quarter of 2021.