Square's core Seller ecosystem will continue to drive strong growth for the company, and the advent of its status as an "industrial bank" will only bolster this growth. Cash App's precipitous rise to ...
Square reported total net revenue of $5.06 billion versus an estimated $3.36 billion, and earnings per share of $0.41 versus an estimated $0.16. Gross profit of $964 million was up 79% year over year.
In many respects, Square has only begun to tap its potential. Square only provides its payment systems and services in a comparatively limited area for now. Other prominent fintech stocks like PayPal ...