Shopify (NASDAQ:SHOP) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.40 by 5 percent. This is a 20 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $3.583 billion which beat the analyst consensus estimate of $3.445 billion by 4.00 percent. This is a 33.69 percent increase over sales of $2.680 billion the same period last year.