Square Higher Following Positive Q3 Earnings, Raised Guidance

One of Jack Dorsey’s companies is performing well. Shares of Square Inc SQ charged higher following a Q3 release after the market closed on Tuesday.

• Q3 Earnings came in at $(0.09) per share
• Net Revenues were at $439 million, about $9 million ahead of estimates
• Net Income was $(32) million in Q3
• Square raised its 2016 guidance, expecting Q4 net revenues to be in the $438-$443 million range

Shares of Square are up almost 4 percent at $11.43 after hours.