Shopify beats on fourth-quarter revenue, but gives mixed guidance

"We expect the strong merchant momentum from Q4 to carry over into Q1, recognizing that Q1 is consistently our lowest [gross merchandise volume] quarter seasonally," the company said in its earnings release.Shopify forecasted revenue in the first quarter to grow at a mid-20% percentage rate, which is roughly in line with analysts' expectations of 24.4% revenue growth, according to LSEG.Shopify on Tuesday reported better-than-expected sales for the fourth quarter but missed on earnings. Shares whipsawed in p ...