Shopify (SHOP) PT Raised to $90 at Canaccord Genuity on 1Q EPS/Revenue Beat; 'Continues to Deliver Exemplary Quarters'

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Go back to Shopify (SHOP) PT Raised to $90 at Canaccord Genuity on 1Q EPS/Revenue Beat; 'Continues to Deliver Exemplary Quarters'

Shopify (SHOP) Tops Q1 EPS by 6c on 75% Revenue Growth; Guides Above Views

May 2, 2017 7:03 AM EDT

Shopify (NYSE: SHOP) reported Q1 EPS of ($0.04), $0.06 better than the analyst estimate of ($0.10). Revenue for the quarter rose 75% to $127.4 million versus the consensus estimate of $121.57 million.

With our excellent start to the year, it is clear we are becoming the de facto platform... More