Canada's Shopify sees second-quarter revenue above market estimates

Published: 2025-05-08 07:06:10 ET SHOP

Published on 05/08/2025 at 07:06

(Reuters) -Shopify forecast second-quarter revenue above Wall Street estimates on Thursday, signaling the e-commerce company was steadily pulling in sellers even as global trade uncertainty threatens to hit retail businesses.

The Ontario, Canada-based company said it expects revenue to grow in the mid-twenties percentage range in the current quarter, while analysts on average estimate growth of 22.4%, according to data compiled by LSEG.

(Reporting by Deborah Sophia in Bengaluru; Editing by Shinjini Ganguli)