10:40 AM EST - Shopify Inc. : Announced strong financial results for the quarter ended June 30, 2018. Total revenue in the second quarter was $245.0 million, a 62% increase from the comparable quarter in 2017. Net loss for the second quarter of 2018 was $24.0 million, or $0.23 per share, compared with $14.0 million, or $0.15 per share, for the second quarter of 2017.Adjusted net income for the second quarter of 2018 was $2.5 million, or $0.02 per share, compared with an adjusted net loss of $1.1 million, or $0.01 per share, for the second quarter of 2017. Shopify Inc.
shares T.SHOP are trading down $14.23 at $177.63.
