Press Releases

Hip to be Square? Not for this IPO

November 19, 2015

For the nine months ended Sept. 20, Square made $892.8 million in revenue, a 49 percent increase from the same period in 2014, but slower revenue growth compared with prior years. It posted $131.5 million in losses, up from $117 million the prior year. “What you see here is a deterioration,” Gellert said. “They are losing more money, and cash from operations continues to be negative.”

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