Square Inc. reported that its first-quarter revenue growth accelerated as the financial-technology company expanded its offerings for sellers and individuals beyond brick-and-mortar stores, including allowing customers to buy and sell bitcoin.
The San Francisco company reported a net loss of $24 million, or 6 cents a share, compared with a net loss of $15 million, or 4 cents a share, for the same quarter a year earlier. Adjusted earnings were 6 cents a share, in line with the consensus forecast from analysts polled by Thomson...