Square, Inc. SQ just released its first quarter fiscal 2016 earnings results, posting an earnings loss of $-0.14 per share and revenue of $379 million. Currently, SQ has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. Square: 1. Missed earnings estimates. The company posted earnings of $-0.14 per share (excludes $0.15 from non-recurring items), lagging behind our Zacks Consensus Estimate of a loss of $-0.13 per share. 2. Beat revenue estimates. The company saw revenue figures of $379 million, topping our consensus estimate of $346 million and rising 51% year-over-year. 3. Reported gross payment volume pf $10.3 billion, up 45% year-over-year. 4. Expects revenue of $151 million to $156 million on an adjusted basis, which is in-line with the consensus of $153.4 million, for the current quarter. For the full year, the company sees revenue of $615 million to $635 million, which is up from a prior $600 million to $620 million. 5. SQ was down $1.84, or 14.10%, to $11.21 as of 5:01 PM ET in after-hours trading shortly after its earnings report was released. Here’s a graph that looks at Square’s performance over the past 3 months: Square, Inc. offers financial services and marketing services. The Company provides payments and point-of-sale which include hardware and software to accept payments, streamline operations and analyze business information. Its payments and POS services include In-Person Payments, Online Payments, Square Cash, Square Register, Square Analytics, Square Appointments and Square App Marketplace. The Company's financial services include Square Capital and Square Payroll. Square, Inc. is headquartered in San Francisco, California. Check back later for our full analysis onSquare’s first quarter earnings report! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SQUARE INC (SQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research