Shopify stock jumped nearly 3% in pre-market trading today after announcing earnings that handily beat the estimates set by Wall Street.

The Ottawa-based provider of e-commerce services for retailers reported earnings of $133.2 million, or $1.13 per-share, for the third quarter after posting a loss of $33.6 million, or 29 cents per-share, in the same period last year. Analysts tracking the company had expected earnings per-share of 52 cents.