Shopify Inc. (NYSE:SHOP) reported better-than-expected second-quarter earnings and issued optimistic outlook for the third quarter on Wednesday. Shopify reported a strong second quarter, with revenue growing 21% year-over-year to $2.05 billion, beating the analyst consensus estimate of $2.01 billion. Adjusting for the sale of its logistics businesses, revenue grew by 25% year-over-year. The company also reported an adjusted EPS of 26 cents, surpassing the analyst estimate of 20 cents. For the third quarter of 2024, Shopify expects revenue to grow at a low-to-mid-twenties percentage rate on a year-over-year basis. The company anticipates a 50 basis point improvement in gross margin compared to second-quarter 2024 ...