Why Square Inc Stock Is Up 86.5% So Far in 2018 [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
Growth is driving the mobile payment specialist's stock. Travis Hoium ( TMFFlushDraw ) Jul 11, 2018 at 11:18AM What happened Shares of mobile payment company Square Inc ( NYSE:SQ ) have jumped 86.5% so far in 2018, according to data provided by S&P Global Market Intelligence , as operating conditions continue to improve. If the company's growth keeps up, the sky is the limit for the stock. So what The stock really started to perk up after Square reported first-quarter results. Adjusted revenue jumped 51% from a year ago to $307 million, adjusted EBITDA rose 33% to $36 million, and net loss nearly doubled to $24 million. That loss may sound bad, but spending on research and development and sales to grow the business is what's driving it, and that's a good idea right now . Image source: Square. What's encouraging from an inves
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SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/15/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- SQ's page on the SEC website