Shopify’s shares rise sharply after the company reports stronger-than-expected revenue and issues an upbeat sales outlook. Bloomberg reports that the stock gains as much as 33.8% in premarket trading following Shopify’s third-quarter revenue guidance, which comes in above analysts’ expectations. Quartz similarly says Shopify beats revenue expectations and projects higher growth for the next quarter. Quartz notes that Shopify posts 34% revenue growth in the reported period and that its forecast calls for third-quarter growth above what Wall Street expects. Together, the reports indicate investors respond to both the latest results and the direction of future revenue. The outlets describe the move primarily as a reaction to the earnings and guidance figures rather than other developments. The coverage does not provide additional details such as margins, specific regional performance, or changes to strategy. The reports focus on the revenue growth rate and the guidance relative to consensus estimates.