Shopify Announces First-Quarter 2020 Financial Results

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Shopify (SHOP) Tops Q1 EPS by 37c

May 6, 2020 7:04 AM EDT

Shopify (NYSE: SHOP) reported Q1 EPS of $0.19, $0.37 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $470 million versus the consensus estimate of $443.11 million.

Financial Outlook

On April 1, 2020, Shopify suspended the financial expectations it had provided on February 12, 2020 for the full year 2020, as our financial results for the rest of the year are contingent on the duration and scope of the... More