Shopify Reports Higher Third-Quarter Profit and Revenue
Shopify said net income was $462 million, or 36 cents a share, compared with $264 million, or 20 cents a share, in the prior-year quarter. Merchant transaction volumes rose.
By Adriano MarcheseShopify reported higher third-quarter profit and revenue, fueled by accelerating transaction volumes across its merchant network.The ecommerce company on Tuesday posted on Tuesday net income $462 million, or 36 cents a share, up from $264 million, or 20 cents a share, in the comp…