Shares of Square Inc. rose in Wednesday's extended session after the payment processing company posted its first quarterly results following its initial public offering in November. Square reported its fourth-quarter loss widened to $80.5 million, or 34 cents a share, from a loss of $37.1 million, or 25 cents a share, a year earlier. Revenue increased to $374.4 million from $250.9 million while gross payment volume rose 47% year over year to $10.2 billion. Analysts surveyed by FactSet had forecast a loss of 14 cents a share on revenue of $322 million. Shares extended gains, climbing 5% in the late trade after closing the regular session up 4.8% to $12.03.
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