Bitcoin. There. We said it. But all that aside -- and yes, cryptos made an appearance -- Square's diversifying model saw 4Q traction not just in gross payment volumes and Square Capital, but in consumer-focused initiatives as well, including Cash App.
Square posted second quarter results Wednesday night that topped expectations — and also boosted guidance above the Street, with momentum coming from both the core payments processing business and newer segments including its financing arm and burgeoning loan activities. The company said that its net...
Square will open the market today with stocks about 6 percent more valuable than they were at opening yesterday. Investors were pleased with the better-than-expected revenue and earnings outcomes — and favorably impressed by Square’s higher-than-expected “take rate” and its surge in subscription services. “A...
Square released its earnings yesterday, and it beat expectations on almost every metric, from revenues to gross transaction volumes to the bottom line itself. And among the standouts was Square Capital, which helped subscription and services revenues fly with 81 percent gains. We take you...
February 28, 2018
Bitcoin. There. We said it. But all that aside -- and yes, cryptos made an appearance -- Square's diversifying model saw 4Q traction not just in gross payment volumes and Square Capital, but in consumer-focused initiatives as well, including Cash App.
May 04, 2017
Square will open the market today with stocks about 6 percent more valuable than they were at opening yesterday. Investors were pleased with the better-than-expected revenue and earnings outcomes —...
February 23, 2017
Square released its earnings yesterday, and it beat expectations on almost every metric, from revenues to gross transaction volumes to the bottom line itself. And among the standouts was Square...
November 21, 2016
Bulls and bears have seen more Square angles than your high school geometry text. But lapping its one-year anniversary, the payments processor may be smoothing out some rough edges, gaining...
August 03, 2017
Square posted second quarter results Wednesday night that topped expectations — and also boosted guidance above the Street, with momentum coming from both the core payments processing business and newer segments including its financing arm and burgeoning loan activities. The company said that its net loss per share came in at four cents, better than […]
May 06, 2016
Down 12 percent in the wake of earnings results, Square’s stock is taking a linear path downward. The second quarterly report by the payments processor since going public in a...