Investing.com - Shopify reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.51 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $0.63 on revenue of $869.05M. .
For the year, Shopify shares are up 23%, outperforming the STOXX 600 which is down 17.81% year to date.
Shopify follows other major Technology sector earnings this month
On Wednesday, Celestica Inc. reported third quarter EPS of $0.43 on revenue of $2.07B, compared to forecasts of EPS of $0.33 on revenue of $1.99B.
Sangoma Technologies Corporation earnings beat analyst's expectations on Tuesday, October 20, 2020, with first quarter EPS of $0.04 on revenue of $34.81M. Investing.com analysts expected EPS of $0.01 on revenue of $33.15M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar