Market Overview

Square Higher Following Positive Q3 Earnings, Raised Guidance

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One of Jack Dorsey’s companies is performing well. Shares of Square Inc (NYSE: 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.

Posted-In: Earnings News After-Hours Center Movers

 

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