Shopify (SHOP) reported Q3 earnings Tuesday of $0.20 per diluted share, down from $0.64 a year earlier.
Analysts polled by FactSet expected $0.26.
Revenue for the quarter ended Sept. 30 was $2.84 billion, compared with $2.16 billion a year earlier.
Analysts polled by FactSet expected $2.76 billion.
The company said it expects Q4 revenue growth at a mid-to-high-twenties percentage rate.
Shares of Shopify were down 3% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.