Shopify (NYSE:SHOP) reported quarterly earnings of $0.81 per share. This is a 28.32 percent decrease over earnings of $1.13 per share from the same period last year. The company reported $1.12 billion in sales this quarter. This is a 46.47 percent increase over sales of $767.40 million the same period last year.
Its shares slid nearly 5% in premarket trading.