Square reports Q1 revenue of $1.38B, up 44% YoY, with net loss of $106M, up $68M YoY, as Square fills reserves to prepare for COVID-19 problems; stock down 6%+ (Emily Bary/MarketWatch)




Emily Bary / MarketWatch:

Square reports Q1 revenue of $1.38B, up 44% YoY, with net loss of $106M, up $68M YoY, as Square fills reserves to prepare for COVID-19 problems; stock down 6%+  —  Payments processor falls to an adjusted loss as it prepares for merchants’ transaction and loan losses with reserves  —  Referenced Symbols





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