Shopify beats Q2 expectations with $1.12B revenue, up 57% YoY and surpassing $1B for the first time; gross merchandise volume was up 40% YoY to $42.2B (Danielle Bochove/Bloomberg)

Danielle Bochove / Bloomberg:

Shopify beats Q2 expectations with $1.12B income, up 57% YoY and surpassing $1B for the primary time; gross merchandise quantity was up 40% YoY to $42.2B  —  - Firm expects 2021 adjusted earnings to prime 2020 outcomes  — Income surpasses $1 billion for first time in firm historical past

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