Shopify quarterly results beat estimates on holiday quarter demand

Shopify quarterly results beat estimates on holiday quarter demand

Shopify quarterly results beat estimates on holiday quarter demand (Reuters) -Canada's Shopify topped Wall Street estimates for fourth-quarter revenue and profit on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. However, the company's U.S.-listed shares, which had more than doubled last year, fell nearly 8% in trading before the bell "Shopify reported a strong quarter and exceeded revenue growth expectations. While guidance for the first quarter was also healthy, it may not be …