— Square Inc. (NYSE: SQ) reported Q4 2019 earnings of $0.23 per share, vs. $0.21 expected.
— Revenues grew 41% to $1.31 billion, vs. $593 million expected.
— GPV increased 25% to $28.6 billion.
— Transaction-based revenue grew 25% to $832 million.
— Subscription and transaction-based revenue increased 45% to $281 million.
— Hardware revenue was $22 million, up 23% year-over-year.
— Q1 2020 revenue is expected to be $1.34 billion to $1.36 billion.
— Q1 2020 adjusted EPS is expected to be $0.16 to $0.18.
— FY2020 revenue is estimated to be $5.90 billion to $5.96 billion.
— FY2020 adjusted EPS is projected to be $0.90 to $0.94.
— SQ shares gained 7.7% in aftermarket hours on Wednesday.
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