UPDATE 1-Payments processor Square posts surprise loss, signals COVID-19 hit in second quarter
Square Inc reported a suprise loss
in the first quarter and stayed away from issuing a forecast for
the current quarter as well as for the full year on Wednesday,
as the COVID-19 pandemic led to a sharp fall in financial
transactions on its payments platform.
in the first quarter and stayed away from issuing a forecast for
the current quarter as well as for the full year on Wednesday,
as the COVID-19 pandemic led to a sharp fall in financial
transactions on its payments platform.
Posted by Reuters
