Shopify beats Q3 revenue forecast but operating loss widens

Shopify handily topped expectations Thursday when it reported third quarter revenues of $270.1 million, up 58 per cent from $171.5 million during the same period a year earlier, and significantly ahead of the consensus estimate of $255 million. (All figures in U.S. dollars).
However, the e-commerce technology firm also reported an unexpectedly wide operating loss of $31.4 million for the third quarter ended Sept. 30, compared to the consensus projection of a loss of $24.4 million, according to T