Shopify reports Q1 revenue up 34% YoY to $3.17B, above $3.12B est., GMV up 35% YoY to $100.74B, and forecasts slower Q2 revenue growth; SHOP drops 10%+ (Ignacio Gonzalez/Bloomberg)
Techmeme
Techmeme
Ignacio Gonzalez / Bloomberg: Shopify reports Q1 revenue up 34% YoY to $3.17B, above $3.12B est., GMV up 35% YoY to $100.74B, and forecasts slower Q2 revenue growth; SHOP drops 10%+ — Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. — The stock dropped as much as 11% …