Shopify Announces Second-Quarter 2018 Financial Results

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Shopify (SHOP) PT Raised to $165 at Canaccord Genuity

July 31, 2018 12:51 PM EDT

Canaccord Genuity raised its price target on Shopify (NYSE: SHOP) to $165.00 (from $160.00) while maintaining a Buy rating following results.

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Shopify (SHOP) Tops Q2 EPS by 5c

July 31, 2018 7:05 AM EDT

Shopify (NYSE: SHOP) reported Q2 EPS of $0.02, $0.05 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $245 million versus the consensus estimate of $234.64 million.

GUIDANCE:

Shopify sees FY2018 revenue of $1.015-1.025 million, versus the consensus of $1.02... More