Square Posts 41% Climb in Revenue, as It Narrows Loss - News Summed Up

Square Posts 41% Climb in Revenue, as It Narrows Loss


Square Inc. posted a better-than-expected 41% jump in revenue during its second quarter, narrowing its loss from a year ago, helped by sharp growth in transaction revenue. The company also raised annual guidance for adjusted revenue and adjusted earnings before interest, taxes, depreciation and amortization. Square did warn, however, that total...


Source: Wall Street Journal August 03, 2016 21:00 UTC



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