February 12, 2019 / 12:49 PM / 3 months ago

BUZZ-Shopify falls after reporting slower Q4 growth in vendor sales

** U.S.-listed shares of Shopify drop about 3.6 pct premarket to $167

** SHOP reports slowing rate of growth in total sales by vendors using co’s software in the fourth quarter

** Gross merchandising volume up 54 pct vs 65 pct jump in the same period a year earlier - Co

** Q4 operating expenses rise 53.4 pct to $195.2 mln

** Q4 net loss narrows to $1.5 mln vs $3 mln a year earlier

** U.S.-listed shares of co have gained 25 pct so far this year

Reporting by Shradha Singh in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below