Square (SQ) reported 4th Quarter December 2017 earnings of $0.08 per share on revenue of $616.0 million. The consensus earnings estimate was $0.07 per share on revenue of $601.6 million. The Earnings Whisper number was $0.09 per share. Revenue grew 36.3% on a year-over-year basis.
The company said in its shareholders letter it expects first quarter non-GAAP earnings of $0.03 to $0.05 per share on revenue of $290.0 million to $295.0 million and 2018 earnings of $0.43 to $0.47 per share on revenue of $1.30 billion to $1.33 billion. The current consensus earnings estimate is $0.08 per share on revenue of $271.9 million for the quarter ending March 31, 2018 and earnings of $0.45 per share on revenue of $1.28 billion for the year ending December 31, 2018.
Square Announces Fourth Quarter and Full Year 2017 Results
Square, Inc. (SQ) has posted its financial results for the fourth
quarter and full year of 2017 on the Financial Information section of
its Investor Relations website at square.com/investors.
Square will host a conference call and earnings webcast at 2:00 p.m.
Pacific time/5:00 p.m. Eastern time today to discuss these financial
results. The domestic dial-in for the call is (866) 393-4306. The
Conference ID is 1093319. To listen to a live audio webcast, please
visit Squares Investor Relations website at square.com/investors.
A replay will be available on the same website following the call.
About Square, Inc.
Square, Inc. (SQ) creates tools that help sellers start, run, and
grow their businesses. Square enables sellers to accept card payments
and also provides reporting and analytics, next-day settlement, and
chargeback protection. Squares point-of-sale software and other
business services help sellers manage inventory, locations, and
employees; access financing; engage customers; and grow sales. Square
Cash is an easy way for businesses and individuals to send and receive
money, and Caviar is a food ordering service for popular restaurants.
Square was founded in 2009 and is headquartered in San Francisco, with
offices in the United States, Canada, Japan, Australia, Ireland, and the
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SOURCE: Square, Inc.
Investor Relations Contact: