Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre&market (Ignacio Gonzalez/Bloomberg)

Ignacio Gonzalez / Bloomberg: Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market  —  Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down.  —  The stock dropped as much as 11% …

Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre&market (Ignacio Gonzalez/Bloomberg)
Ignacio Gonzalez / Bloomberg: Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market  —  Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down.  —  The stock dropped as much as 11% …