Square 4Q/15 GPV Explodes but Transaction Revenue Slips
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Square reports 4Q/15 Gross Payment Volume (GPV) increased 47% year over year to $10.2 billion. Adjusted Revenue was $135 million, up 64% year over year, while total net revenue was $374 million, up 49% year over year. Software and Data Products revenue was $22 million, up 52% sequentially from $15 million…