E-commerce company Shopify reports Q1 loss, revenue up 23% from year ago

📆 08/05/2024 01:42 م
📰 SooToday

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OTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago. The e-commerce software company, which keeps its books in U.S.

OTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago.

The result for the quarter compared with a profit of US$68 million or five cents US per diluted share in the same quarter last year.

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