Square Inc NYSESQ investors appear to be satisfied with the company's
She noted that the company "executed beyond our expectations," including another quarter of exceeding analysts expectations and boosting its guidance. She added that the company is also "particularly pleased" with a 51 percent year-over growth in adjusted revenue.
Square Capital & Hardware
Square Capital, the company's small business loan and financing arm, is going from "strength to strength" and has lent $1 billion over the past two years is a huge accomplishment for a business that is essentially starting from scratch.
She said Square has taken on a partner so it can better target customers who aren't already part of Square's ecosystem. This is just one venue of available growth, but the executive believes the majority of revenue will come from merchants who are part of Square's ecosystem.
"It's about staying a foot forward from a technology standpoint and foot forward from an ease of use standpoint," the executive concluded.
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