Canada's Shopify tops quarterly revenue estimates
05/05/2026 12:02
May 5 (Reuters) - Shopify SHOP.TO, SHOP.O topped market estimates for quarterly revenue on Tuesday, supported by strong demand for its e-commerce services, even as retail businesses navigate pressures from tariffs and the Middle East conflict. Total revenue rose 34% to $3.17 billion during the January-March quarter, compared with analysts' average estimate of $3.08 billion, according to data compiled by LSEG. (Reporting by Deborah Sophia in Bengaluru; Editing by Shilpi Majumdar) ((DeborahMary.Sophia@thomsonreuters.com;))
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