Shopify posts quarterly revenue in line with estimates

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Shopify posts quarterly revenue in line with estimates
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Shopify posts quarterly revenue in line with estimates

© Reuters. FILE PHOTO: The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. REUTERS/Chris Wattie/File Photo) posted third-quarter revenue in line with Wall Street estimates on Thursday, as its artificial intelligence products drew more merchants to its platform amid resilient consumer spending.

The e-commerce company said total revenue for the three months to September stood at $1.7 billion, compared with analysts' estimate of $1.67 billion, according to LSEG data.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

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