Financial analysts view operating income as a key metric for SQ stock. Operating income came in at $1.29 billion, up 34%, versus estimates of $1.30 billion.
Gross payment volume from merchant customers rose 31% to $43.5 billion, versus estimates of $45.39 billion.
Results included recently acquired Australia-based consumer lending startup Afterpay.
Afterpay Contributions To Profits
Management said: "Afterpay contributed $92 million of gross profit in the months of February and March, with $46 million of gross profit recognized in each of Cash App and Square."
Excluding Afterpay, the company said "gross profit was $1.20 billion, up 25% year over year."
Valuation vs Price, page-405
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Last
$102.23 |
Change
-4.580(4.29%) |
Mkt cap ! $4.350B | |||
| Open | High | Low | Value | Volume |
| $101.68 | $102.25 | $101.51 | $12.24M | 120.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1400 | $102.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $102.24 | 299 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |