Shopify Wows With Quarterly Revenue

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Shopify’s quarterly numbers sound like the good old days of Silicon Valley North.

The Ottawa-based e-commerce giant brought in revenues of $130.4 million in the fourth quarter ending Dec. 31, 2016, representing an 86-per-cent increase from the same period a year previous.

“I don’t think public companies grow at a 90-per-cent annual rate, so it’s been very fun to pull it off,” said CEO Tobi Lutke during the company’s earnings call.

To read the whole story in the Ottawa Business Journal, click here.

 


 

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One thought on “Shopify Wows With Quarterly Revenue

  1. I think it is the growth of the company that is wowing investors. It can’t be earnings, because the company still isn’t profitable, unless the losses were less than expected.

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