Square IPO to test Dorsey's ability to run two companies
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Square (SQ) Notes Raw Deal with Starbucks (SBUX) in IPO Filing
October 14, 2015 4:56 PM EDTPayment processor Squre (NYSE: SQ) filed for an IPO of its common stock today.
Square said its revenue for 2014 increased 54 percent to $850.2 million. Adjusted EBITDA for 2015 was negative $67.74 million, from negative $51.53 million the prior year.
Square also said, In 2014, sellers using Square processed $23.8 billion of GPV, which was generated by 446 million card payments from approximately 144 million payment cards. GPV measures the total dollar amount of card payment transactions we process for our sellers (net of... More
