Shopify Posts Q3 Revenue of $99.6 Million, an 89 Percent Increase
Last week cloud-based, multi-channel e-commerce platform Shopify (NYSE: SHOP)(TSX: SHOP) posted strong third quarter financials, including total revenue of $99.6 million, an 89 percent increase compared to the same period last year. Shopify’s Subscription Solutions revenue was also impressive, growing 69 percent to $49.8 million year-over-year. In Shopify’s Q3 announcement, the company attributes the revenue increases to the continued rapid growth of monthly recurring revenue.
Shopify Posts Q3 Revenue of $99.6 Million, an 89 Percent Increase Read More »
