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United States

Square Inc (SQ.N)

SQ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Square Says As CFO, Amrita Ahuja Will Receive Annual Salary Of $450,000 And One-Time Hire-On Bonus Of $315,000
Friday, 4 Jan 2019 06:08am EST 

Jan 4 (Reuters) - Square Inc ::SQUARE SAYS AS CFO, AMRITA AHUJA WILL RECEIVE AN ANNUAL SALARY OF $450,000 AND A ONE-TIME HIRE-ON BONUS OF $315,000 - SEC FILING.SQUARE SAYS AHUJA WILL BE GRANTED EQUITY AWARDS WITH TOTAL TARGET VALUE OF $12 MILLION - SEC FILING.SQUARE SAYS AS CFO, AMRITA AHUJA WILL ALSO RECEIVE ONE-TIME HIRE-ON BONUS OF $150,000 ON THE FIRST ANNIVERSARY OF HER EMPLOYMENT.SQUARE - EQUITY AWARDS GRANTED TO AHUJA WILL BE COMPRISED OF RSAS WITH TARGET VALUE OF $9 MILLION & STOCK OPTIONS WITH TARGET VALUE OF $3 MILLION.SQUARE - RSAS & STOCK OPTIONS GRANTED TO AHUJA WILL VEST OVER 4 YEARS.  Full Article

Square Names Timothy Murphy And Mohit Daswani As Interim Co-CFOs
Thursday, 15 Nov 2018 05:36pm EST 

Nov 15 (Reuters) - Square Inc ::SQUARE INC - ON NOVEMBER 9, TIMOTHY MURPHY & MOHIT DASWANI AS INTERIM CO-CHIEF FINANCIAL OFFICERS EFFECTIVE NOVEMBER 16, 2018.SQUARE INC - LAST DAY OF CURRENT CHIEF FINANCIAL OFFICER AND TREASURER, SARAH FRIAR, WILL BE NOVEMBER 16, 2018.  Full Article

Square Inc QTRLY Adjusted Earnings Per Share $0.13
Wednesday, 7 Nov 2018 04:05pm EST 

Square Inc ::SQUARE ANNOUNCES THIRD QUARTER 2018 RESULTS.QTRLY TOTAL NET REVENUE WAS $882 MILLION, UP 51% YEAR OVER YEAR.TRANSACTION-BASED REVENUE WAS $655 MILLION IN THE THIRD QUARTER OF 2018, UP 29% YEAR OVER YEAR..QTRLY GROSS PAYMENT VOLUME (GPV) WAS $22.5 BILLION, UP 29% YEAR OVER YEAR.QTRLY EARNINGS PER SHARE $0.04.SEES Q4 LOSS PER SHARE $0.14 TO $0.13.SEES Q4 ADJUSTED. EARNINGS PER SHARE $0.12 TO $0.13.Q4 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $0.13.QTRLY ADJUSTED REVENUE WAS $431 MILLION, UP 68% YEAR OVER YEAR.Q3 REVENUE VIEW $413.9 MILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.11 -- THOMSON REUTERS I/B/E/S.SEES Q4 REVENUE $895 MILLION TO $905 MILLION.FY2017 REVENUE VIEW $967.7 MILLION -- THOMSON REUTERS I/B/E/S.SQUARE - QTRLY REVENUE INCLUDES $43 MILLION OF BITCOIN REVENUE.QTRLY BITCOIN COSTS OF $42.4 MILLION.SEES Q4 ADJUSTED. REVENUE $446 MILLION TO $451 MILLION.  Full Article

Sarah Friar To Step Down As Square CFO
Wednesday, 10 Oct 2018 04:06pm EDT 

Oct 10 (Reuters) - Square Inc ::SARAH FRIAR TO STEP DOWN AS SQUARE CFO.SQUARE INC - FRIAR WILL STAY INTO DECEMBER TO ENSURE ORDERLY TRANSITION.SQUARE INC - DAVID VINIAR WILL LEAD SEARCH FOR A NEW CFO.SQUARE INC - FRIAR INFORMED CO THAT SHE WILL STEP DOWN AS CFO TO ACCEPT AN OFFER TO BECOME CEO OF NEXTDOOR.  Full Article

Square Announces Solutions Partner Program
Thursday, 20 Sep 2018 12:30pm EDT 

Sept 20 (Reuters) - Square Inc ::SQUARE ANNOUNCES SOLUTIONS PARTNER PROGRAM.SQUARE - APPROVED COS TO JOIN SOLUTIONS PARTNER PROGRAM ELIGIBLE FOR EARLY ACCESS TO BETA PRODUCTS, SPECIALIZED ACCOUNT MANAGEMENT & FINANCIAL BENEFITS.  Full Article

DFS Grants Virtual Currency License To Square Inc
Monday, 18 Jun 2018 11:13am EDT 

June 18 (Reuters) - New York State Department of Financial Services::DFS GRANTS VIRTUAL CURRENCY LICENSE TO SQUARE INC.FINANCIAL SERVICES SUPERINTENDENT MARIA VULLO - NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES APPROVED APPLICATION OF SQUARE FOR A VIRTUAL CURRENCY LICENSE.  Full Article

Square Inc Q4 Net Loss Per Share $0.04
Tuesday, 27 Feb 2018 05:50pm EST 

Feb 27 (Reuters) - Square Inc ::NET LOSS PER SHARE WAS $0.04 ON BOTH A BASIC AND DILUTED BASIS FOR THE FOURTH QUARTER OF 2017.IN THE FOURTH QUARTER OF 2017, PROCESSED $17.9 BILLION OF GPV, AN INCREASE OF 31% FROM THE FOURTH QUARTER OF 2016..QTRLY ‍​TOTAL NET REVENUE WAS $616 MILLION, UP 36%.ADJUSTED EPS WAS $0.08 IN Q4.Q4 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $266.3 MILLION -- THOMSON REUTERS I/B/E/S.SEES ‍Q1 NET INCOME LOSS PER SHARE $0.09 TO $0.07.PROCESSED $17.9 BILLION OF GPV IN Q4, AN INCREASE OF 31%.SEES Q1 ADJUSTED EPS OF $0.03 TO $0.05.SEES FY18 NET INCOME LOSS PER SHARE $0.08 TO $0.04.SEES FY ADJUSTED EPS OF $0.43 TO $0.47.SEES Q1‍​ ADJUSTED REVENUE $290 MILLION TO $295 MILLION.Q1 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $271.9 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $0.45, REVENUE VIEW $1.28 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY ADJUSTED REVENUE $1.30 BILLION TO $1.33 BILLION.Q4 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $266.3 MILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $271.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pinterest Hires Former Square And Google Executive Francoise Brougher As First COO
Tuesday, 27 Feb 2018 12:30pm EST 

Feb 27 (Reuters) - PINTEREST ::PINTEREST SAYS HAS MORE THAN 200 MILLION WORLDWIDE MONTHLY ACTIVE PINNERS.PINTEREST SAYS HIRES FORMER SQUARE AND GOOGLE EXECUTIVE FRANCOISE BROUGHER AS FIRST COO.  Full Article

Instant Bitcoin Buying & Selling Available To Most Cash App Customers‍​ - Jack Dorsey Tweet
Wednesday, 31 Jan 2018 11:54am EST 

Jan 31 (Reuters) - :JACK DORSEY TWEETS: INSTANT BUYING AND SELLING OF BITCOIN IS NOW AVAILABLE TO MOST CASH APP CUSTOMERS‍​ ‍​.JACK DORSEY TWEETS: "WE SUPPORT BITCOIN BECAUSE WE SEE IT AS A LONG-TERM PATH TOWARDS GREATER FINANCIAL ACCESS FOR ALL. THIS IS A SMALL STEP.".  Full Article

GoDaddy ‍announces two new integrations with square that help small businesses with online and offline selling
Thursday, 9 Nov 2017 09:01am EST 

Nov 9 (Reuters) - GoDaddy Inc :GoDaddy Inc - ‍announced two new integrations with square that help small businesses with online and offline selling and payment capabilities​.  Full Article

Payments company Square launches debit card for small businesses

NEW YORK Payments company Square Inc is launching a free debit card for small businesses aimed at helping them better manage their cash flows, the company said on Thursday.