Square Swings to 4Q Profit as Sales Rise 41%
27 2월 2020 - 7:37AM
Dow Jones News
By Kimberly Chin
Square Inc. swings to a profit in the fiscal fourth quarter as
sales jumped 41% from a year earlier.
The payment company reported net income of $390.9 million, or 83
cents a share, compared with a net loss of $28 million, or 7 cents
a share, reported in the same quarter a year ago. Adjusted earnings
were 23 cents a share. Analysts polled by FactSet expected adjusted
earnings of 21 cents a share.
However, costs of revenue rose 42% and operating expenses
increased 33%.
Total net revenue for the quarter rose to $1.31 billion from
$932.5 million a year earlier.
Shares of Square climbed 7.7% to $82.46 in after-hours
trading.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 26, 2020 17:22 ET (22:22 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Block (NYSE:SQ)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Block (NYSE:SQ)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024