— 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.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Will the pandemic help or hurt Target (TGT)?
As the coronavirus pandemic rages on, major retailers continue to experience huge demand for food and essential items both in their stores and online. Target Corporation (NYSE: TGT) is one
GameStop (GME) swings to profit in Q4, beats estimates
GameStop Corp. (NYSE: GME) swung to a profit in the fourth quarter of 2019 from a loss last year, helped by lower costs and expenses despite a 28% dip in
Is Skechers’ global footprint strong enough to tide over present crisis?
Footwear maker Skechers USA, Inc. (NYSE: SKX) lost considerable market value in recent weeks and under-performed the industry, amid growing fears that a recession is imminent. The crisis has left