📰 $SHOP RESULTS: Q3 🔸 Revenue $2.16B, +26% y/y, EST $2.12B 🔸 Monthly recurring revenue $175M, EST $173.6M 🔸 Merchant Solutions revenue $1.55B, +26% y/y, EST $1.52B 🔸 Subscription revenue $610M, +26% y/y, EST $599M 🔸 Gross merchandise volume $69.72B, +24% y/y, EST $67.78B COMMENTARY AND CONTEXT 🔸 Sees Q4 Rev. Growing at Mid-to-High-Twenties Percentage 🔸 Sees Q4 Free Cash Flow Margin Similar to Q4 2023 🔸 Sees Q4 Revenue to Grow at A Mid-to-High-Twenties % Y/Y 🔸 Sees Q4 Opex as Percentage of Revenue 32% to 33% 🔸 Sees Q4 Gross Profit up at A Y/Y Rate Similar to Q3