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:
MDLY, ODC, DTEA, More
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

Earnings

Related Entities

Earnings

Add Your Comment