Dorsey-led Square's revenue beats in first quarterly report since IPO

Beating estimates: Mobile payments company Square Inc's revenue beat analysts' estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey (pic, with phone) who is also leading turnaround efforts at Twitter Inc. — Reuters

Mobile payments company Square Inc's revenue beat analysts' estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround efforts at Twitter Inc. 

Square's shares rose as much as 7% after market on March 9, before giving up some of the gains. The stock had closed up 4.8% at US$12.03 (RM49.46) during the day.