Tech

Square beats in Q1 with revenue of $5.06B, up 266% YoY, with $3.5B in bitcoin revenue, up 11x YoY, gross profit of $964M, up 79% YoY, with $495M from Cash App (MacKenzie Sigalos/CNBC)


MacKenzie Sigalos / CNBC:

Square beats in Q1 with revenue of $5.06B, up 266% YoY, with $3.5B in bitcoin revenue, up 11x YoY, gross profit of $964M, up 79% YoY, with $495M from Cash App  —  – The company reported a profit per share of 41 cents vs. 16 cents per share expected in a Refinitiv survey of analysts.

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