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Square reports over 143% jump in revenue in Q2 – Metro US

Square reports over 143% jump in revenue in Q2

FILE PHOTO: Jack Dorsey, CEO of Square and CEO of
FILE PHOTO: Jack Dorsey, CEO of Square and CEO of Twitter, uses his phone to live cast during an event outside of the New York Stock Exchange to celebrate the IPO of Square Inc., in New York

(Reuters) – Square Inc reported on Sunday a jump of more than 143% in its total net revenue for the second quarter.

The payments firm, led by Twitter Inc boss Jack Dorsey, posted total net revenue of $4.68 billion for the quarter ended in June, compared to $1.92 billion last year.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Daniel Wallis)