Wednesday, November 6, 2019

Square, Inc. Q3 Profit Beats Estimates, Revenue Up 44%; Updates Guidance

Square, Inc. (SQ) reported adjusted net income per share of $0.25 for the third quarter of 2019, compared to $0.13, prior year. On average, 35 analysts polled by Thomson Reuters expected the company to report profit per share of $0.20, for the quarter. Analysts' estimates typically exclude special items. Adjusted EBITDA was $131 million in the third quarter of 2019, up 85 percent year over year.

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