Form 8-K Square, Inc. For: Nov 04

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Go back to Form 8-K Square, Inc. For: Nov 04

Square (SQ) PT Lowered to $315 at Needham & Company

November 5, 2021 7:27 AM EDT

Needham & Company analyst Mayank Tandon lowered the price target on Square (NYSE: SQ) to $315.00 (from $350.00) while maintaining a Buy rating.

The analyst commented, "SQ reported mixed 3Q results, beating expectations on revenue from the seller ecosystem but coming in a bit... More

Square (SQ) Stock Falls 5% Despite Surges in Gross Profits

November 4, 2021 6:06 PM EDT

Square (NYSE: SQ) shares fell 4.7% after-hours after the company reported its Q3 results, with EPS coming in at $0.37, slightly lower than the consensus estimate of $0.39. Quarterly revenue grew 27% to $3.84 billion.

In the quarter, gross profits jumped 43% to $1.13 billion. Seller ecosystem generated gross... More