05.11.2020 23:53:34

Square Q3 Profit Rises

(RTTNews) - Square, Inc. (SQ) Thursday reported third-quarter net income of $36.5 million or $0.07 per share, up from $29.4 million or $0.06 per share last year.

Adjusted earnings for the quarter were $0.34 per share, up from $0.25 per share last year.

Revenues for the quarter were $3.03 billion, up from $1.27 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $0.16 per share on revenues of $2.07 billion. Analysts' estimates typically exclude one-time items.

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