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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Block Inc | NYSE:SQ | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.05 | -1.43% | 72.48 | 73.60 | 71.80 | 73.11 | 1,030,449 | 15:08:53 |
From May 2019 to May 2024
By Maria Armental
Square Inc. on Thursday revised financial projections to account for higher interest expense tied to a $1 billion convertible note offering.
The company now expects the first-quarter loss to range from 2 cents to 4 cents a share, compared with its earlier view of a penny to 3 cents a share.
For the year, it now expects the loss to range from 11 cents to 15 cents a share, compared its earlier view of 5 cents to 9 cents a share.
The update doesn't affect its revenue guidance of $1.34 billion to $1.36 billion for the quarter and $5.9 billion to $5.96 billion for the year.
Square is slated to report first-quarter results on May 6.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 05, 2020 17:07 ET (22:07 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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