Square (SQ) Tops Q3 EPS by 2c

November 1, 2016 4:02 PM EDT
Get Alerts SQ Hot Sheet
Price: $13.94 -1.27%

Today's EPS Names:
Trade SQ Now!
Join SI Premium – FREE

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Square (NYSE: SQ) reported Q3 EPS of ($0.09), $0.02 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $439 million versus the consensus estimate of $430.09 million.

Gross Payment Volume (GPV) for the third quarter was $13.2 billion, up 39% year over year. Total net revenue was $439 million, up 32% year over year. Adjusted Revenue was $178 million, up 51% year over year. Net loss was $32 million, an improvement of $22 million on a year-over-year basis, and we achieved positive Adjusted EBITDA of $12 million. Third-quarter Adjusted EBITDA margin of 7% is an improvement of 20 points or $27 million on a year-over-year basis.

For earnings history and earnings-related data on Square (SQ) click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories


Related Entities


Add Your Comment