May 6 (Reuters) - Shopify Inc SHOP.TO :
* SHOPIFY ANNOUNCES FIRST-QUARTER 2020 FINANCIAL RESULTS
* TOTAL REVENUE IN Q1 WAS $470.0 MILLION, A 47% INCREASE
* QTRLY SUBSCRIPTION SOLUTIONS REVENUE GREW 34% TO $187.6 MILLION
* MRR AS OF MARCH 31, 2020 WAS $55.4 MILLION, UP 25%
* GMV FOR Q1 WAS $17.4 BILLION, AN INCREASE OF 46%
* NET LOSS FOR Q1 $0.27 PER SHARE
* ADJUSTED NET INCOME FOR Q1 $0.19 PER SHARE
* Q1 EARNINGS PER SHARE VIEW $-0.18, REVENUE VIEW $442.9 MILLION -- REFINITIV IBES DATA
* QTRLY GROSS PAYMENTS VOLUME GREW TO $7.3 BILLION VERSUS $4.9 BILLION