01-05-2018 14:28 via ottawacitizen.com

Shopify tops revenue, earnings projections in strong Q1

Shopify on Tuesday delivered better-than-expected results during its first-quarter of 2018, putting the Ottawa firm on track towards topping $1 billion in revenues for the year.
The e-commerce specialist reported revenues of $214 million (all figures U.S.), up 68 per cent year over year. This compares to consensus estimates of $202 million.
However, Shopify Tuesday signalled revenues for the current quarter would be just two to three per cent better than the consensus forecast, prompting a weake
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