Shopify Reports Total Revenue of $171.5 Million for Q3

Auto-renew Subscription, Business Services, Consumer Services, FInance, News, Payment Processing, SaaS and Cloud Services, Subscription Apps /

Trick-or-treat. Shopify (NYSE: SHOP)(TSX: SHOP) would probably say “treat,” but investors aren’t so sure. Yesterday the cloud-based, multi-channel e-commerce platform announced solid financials for the third quarter, including total revenue of $171.5 million, a 72 percent increase year-over-year. Subscription Solutions represented $82.4 million of the total revenue, a 65 percent increase year-over-year, and Merchant Solutions generated $89.0 million, a 79 percent increase year-over-year.

Shopify Reports Total Revenue of $171.5 Million for Q3 Read More »