SHOP Shopify Inc

Canadian E-commerce firm Shopify, Inc. (NYSE: SHOP) has reported mixed results for the second quarter of 2022. The adjusted loss came in at $0.03 per share, compared to the profit of $0.22 per share in the previous year and the consensus EPS estimate of $0.02 per share. The reported figure includes a net unrealized loss of $1 billion versus a net unrealized gain of $800 million in the second quarter of 2021. Total revenues grew 16% year-over-year to $1.3 billion. Monthly recurring revenue (MRR) rose 13% to $107.
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