Square Inc. (NYSE: SQ) today announced its first quarter financial results for the period ended March 31, 2020.
First quarter net loss was $105.8 million, or ($0.24) per share, compared to net loss of $38.1 million or $(0.09) per share in the first quarter of 2019.
Net revenues increased 44% to $1.38 billion.
Liquidity at the end of the quarter was $3.4 billion.
For FY20, Square expects to decrease non-GAAP operating expenses by $75 million to $125 million, compared to their initial expectations for 2020.
You may also like:
Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per
Apple Inc. (NASDAQ: AAPL) this week reported its first revenue decline in more than three years, even as the high inflation continues to squeeze customers’ spending power. Sales of the
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5