How Square, Inc. Makes Most of Its Money
Tech investors scanning the horizon for potential investments have likely come across the point-of-sale and payment processing company Square (NYSE: SQ). The company's share price is up a staggering 105% over the past 12 months, and its easy-to-use hardware and software is converting small businesses left and right.
Square's revenue spiked nearly 26% in its second quarter and about 24% in the first six months of this year, but how exactly does the company make its money right now? Let's take a look.
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Source: Fool.com
Square Inc. Stock
€55.41
-2.360%
Square Inc. is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 85 € there is a hugely positive potential of 53.4% for Square Inc. compared to the current price of 55.41 €.
