Square Earnings Highlight Soaring Cash App Revenue
Shares of Square (NYSE: SQ) were trading more than 7% higher in after-hours trading on Wednesday, following the company's fourth-quarter and full-year results. Investors are probably impressed by the company's strong top-line performance, sharp growth in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), and fast-growing Cash App business.
Here's a closer look at the quarter's results.
Cash App. Image source: Square.
Source Fool.com