Shopify (SHOP.US) posted better-than-expected Q2 revenue and a strong Q3 outlook, causing the stock price to surge in pre-market trading.
Zhitong Finance APP learned that Shopify Inc. (SHOP.US) released its second quarter financial report before the market opened on Wednesday. Due to better than expected quarterly revenue and third quarter performance outlook, the stock price surged significantly in pre-market trading, climbing up to 17% at one point. Data shows that the company's second quarter revenue increased by 31% to $2.68 billion, exceeding analyst expectations of 25%, with growth accelerating in all regions.
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