Square (SQ) Lifts FY Revenue Guidance
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Square Updates Second Quarter and Full Year 2018 Guidance
May 31, 2018 4:05 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Square, Inc. (NYSE: SQ) today announced updates to its second quarter and full year 2018 guidance to reflect the impact of its acquisition of Weebly, Inc., which closed today, and its recent issuance of $862.5 million in aggregate principal amount of 0.50% convertible senior notes due 2023 (Notes).
The revisions to Squares second quarter and full year 2018 guidance, which was previously announced on May 2, 2018, are only a result of the transactions outlined below.
Square completed its acquisition of Weebly on May 31, 2018. Based on the transaction:
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