October 25, 2018 / 2:50 PM / a year ago

BUZZ-Shopify Inc: Rises on surprise Q3 profit

** Shares of Canadian e-commerce company up 7.5 pct at C$180.40, after the co posts surprise Q3 profit

** Shopify’s U.S.-listed shares rise 9.5 pct to $133.88; biggest intra-day pct gain in more than a year

** Co’s total subscription rev jumps 46 pct to $121 mln

** Reports adj EPS of 4 cents/shr v/s analysts’ estimates of loss of 2 cents/shr, according to Refinitv data

** SHOP’s rev more than doubled to $270.1 mln

** Including today’s early gains, co’s Canada listed shares surged 42 pct, while its U.S.-listed shares soared ~37 pct this year (Reporting by Shanti S Nair in Bengaluru)

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