Categories AlphaGraphs, Earnings, Finance
SQ Earnings: All you need to know about Square Q1 2020 results
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:
Most Popular
AMAT Stock: Is now the right time to invest in Applied Materials?
It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied
Here’s a look at Take-Two Interactive Software’s (TTWO) expectations for the coming year
Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the
Beyond short-term challenges, Cisco’s (CSCO) prospects remain intact
Cisco Systems Inc. (NASDAQ: CSCO) is the undisputed leader in networking technology, but its core business has been facing challenges over the past few years. While the company faces stiff