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Square (NYSE:SQ): Q2 Non-GAAP EPS of $0.66 beats by $0.35; GAAP...

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    • Square (NYSE:SQ): Q2 Non-GAAP EPS of $0.66 beats by $0.35; GAAP EPS of $0.40 beats by $0.45.
    • Revenue of $4.68B (+143.8% Y/Y) misses by $370M.
    • Q2 gross payment volume increased 29% from the previous quarter as the Seller and Cash App ecosystems continue to gain traction.
    • Q2 gross payment volume of $42.8B, up from $33.1B in Q1 and $22.8B in Q2 2020.
    • Cash App reached 40M monthly transacting active customers in June.
    • The company released its Q2 earnings early in conjunction with its planned $29B acquisition of Afterpay.
    • Shares -0.5% AH.
    BTW Square pre-announced their results today as well - here's the details...

    https://seekingalpha.com/pr/18417122-square-inc-announces-second-quarter-2021-results
 
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