Square reports over 143% jump in revenue in Q2


FILE PHOTO: Jack Dorsey, CEO of Square and CEO of Twitter, uses his phone to live cast during an event outside of the New York Stock Exchange to celebrate the IPO of Square Inc., in New York November 19, 2015. REUTERS/Lucas Jackson

(Reuters) - Square Inc reported on Sunday a jump of more than 143% in its total net revenue for the second quarter.

The payments firm, led by Twitter Inc boss Jack Dorsey, posted total net revenue of $4.68 billion for the quarter ended in June, compared to $1.92 billion last year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Spurred by teen girls, US states move to ban deepfake nudes
DR Congo accuses Apple of using ‘blood minerals’ from war-torn east
German police swoop on Nigerian dating scammers
74-year-old US woman charged in armed robbery of credit union was scam victim, family says
In which country do people spend the most time on screens?
How streaming is boosting esports
LG Energy Solution to minimise capex this year due to slow EV demand
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Cisco says hackers subverted its security devices to spy on governments
Disappointing Meta forecast pulls down tech peers in extended trade

Others Also Read