Shopify reports third-quarter revenue up 32 per cent from year ago

Shopify Inc. headquarters signage is seen in Ottawa, Tuesday, May 3, 2022. THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA - Shopify Inc. reported a third-quarter profit of US$264 million as its revenue rose 32 per cent compared with a year ago.

The company, which keeps its books in U.S. dollars, says the profit amounted to 20 cents US per diluted share for the quarter ended Sept. 30 compared with a profit of US$828 million or 64 cents US a year ago.

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