Square posted a net loss of $28 million, or 7 cents a share, compared with a loss of $15.7 million, or 6 cents a share, in the year-ago period. Adjusted earnings per share rose to 14 cents from 8 cents and came in a penny ahead of the FactSet consensus, which called for 13 cents. Adjusted revenue, which excludes transaction costs and bitcoin costs, rose to $464 million from $283 million in the year-earlier quarter. Analysts surveyed by FactSet had been expecting $453 million in adjusted revenue.
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