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May 1, 2019 08:34 pm GMT

Square reports Q1 sales of $489M, up 59%, but net loss widens to $38M

After Square issuedweak guidance in Q4, all eyes were on the payments company to see what kind of growth it really had in Q1. Resultsreported todayunderscored some of the challenges the company is facing. Square’s adjusted revenues were $489 million, up 59 percent year-on-year, with adjusted earnings per share of $0.11.Both figures beat analysts’ estimates. […]

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