Square Management Talks Large Sellers, Cash App, and Invoices [The Motley Fool]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: The Motley Fool
Square Management Talks Large Sellers, Cash App, and Invoices These items in Square's shareholder letter go beyond the quarter's headline numbers. Despite reporting better-than-expected adjusted revenue and non-GAAP earnings per share for its first quarter, shares of financial technology company Square ( NYSE:SQ ) took a hit following the earnings release, sliding 8% on Thursday. The main reason for concern on the Street was likely the company's worse-than-expected outlook for its second-quarter revenue and its decision to leave its full-year outlook for adjusted EBITDA unchanged even as it lifted its 2019 revenue target . Though the Street may have been disappointed in the quarterly results, there's no denying the company's strong execution recently. The stock's pullback is more of a by-product of high expectations than a misstep by the company. For a better look at some of the things Square is doing right, consider a few of the items highlighted in management's first-quarter share
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SQ
Earnings
- 5/2/24 - Beat
SQ
Sec Filings
- 5/9/24 - Form 8-K
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- SQ's page on the SEC website