The results for the company, which reports in U.S. dollars, worked out to a net loss of $1.02 per share compared with a loss of 95 cents per share a year ago.
Analysts on average had expected a loss of 46 cents per share, according to estimates compiled by financial markets data firm Refinitiv. The company’s revenue hit almost US$1.7 billion in the quarter compared with roughly US$1.3 million in the same quarter a year ago. The financial results encompass a period when Shopify was significantly reducing its head count to help the company refocus on its main e-commerce business and off-loading its fulfilment business to supply chain management company Flexport.Checking box will enable automatic data updates.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più: