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BRIEF-Shopify reports Q4 net loss $0.10 per share

Published 2017-02-15, 07:19 a/m
© Reuters. BRIEF-Shopify reports Q4 net loss $0.10 per share
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Feb 15 (Reuters) - Shopify Inc SHOP.TO

* Shopify announces fourth-quarter and full year 2016 financial results

* Total revenue in Q4 was $130.4 million, an 86% increase

* For full year 2017, shopify currently expec revenues in range of $580 million to $600 million

* For full year 2017, shopify currently expects gaap operating loss in range of $73 million to $77 million

* Sees FY gaap operating loss in range of $73 million to $77 million

* Sees Q1 revenues in range of $120 million to $122 million

* Sees Q1 GAAP operating loss in range of $20 million to $22 million

* For full year 2017, shopify currently expects adjusted operating loss in range of $18 million to $22 million

* Sees Q1 adjusted operating loss in range of $9 million to $11 million

* Q1 earnings per share view $-0.05, revenue view $117.2 million -- Thomson Reuters I/B/E/S

* FY2017 earnings per share view $-0.05, revenue view $563.3 million -- Thomson Reuters I/B/E/S

* Qtrly net loss for Q4 of 2016 was $0.10 per share

* Qtrly adjusted net loss for Q4 was $0.00 per share

* Fourth-quarter gross merchandise volume grows 94% year on year

* GMV during holiday shopping weekend spanning black friday through cyber monday more than doubled over comparable period last year Source text for Eikon: ID:nBw1K9rLga Further company coverage: SHOP.TO

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