“Shopify’s second quarter results benefited from a surge in small businesses going digital in a hurry and leveraging e-commerce amid the COVID-19 pandemic . The company reported revenue of $714.3 million, up 97% from a year ago, with net income of $36 million, or 29 cents a share. Non-GAAP earnings were $1.05 a share. Shopify was expected to report second quarter sales of $513.8 million with non-GAAP earnings of a penny a share. Estimates have had wide ranges due to economic uncertainty.”
Shopify’s Q2 Shines As Businesses Go Digital En Mass Amid COVID-19 Pandemic
ZDNet
