Categories AlphaGraphs, Earnings, Finance
Infographic: Square (SQ) Q4 earnings, revenue beat Street view
Payment solutions provider Square, Inc. (NYSE: SQ) Tuesday reported strong increase in fourth-quarter revenues and earnings. The results also topped the Street view.
Fourth-quarter adjusted earnings moved up to $0.32 per share from $0.23 per share in the year-ago period. Experts had predicted a slower growth. Net income was $293.9 million or $0.59 per share, down from last year’s $390.9 million or $0.83 per share.
At $3.16 billion, revenues more than doubled from $1.31 billion recorded last year. The top-line also came in above estimates.
Read management/analysts’ comments on Square’s Q4 earnings
The stock closed Tuesday’s trading sharply lower and continued to lose during the extended session, after the company released the earnings report.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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