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February 05, 2016 6:03 PM ET

IT Services

Company Overview of Square, Inc.

Company Overview

Square, Inc. develops and provides point-of-sale software worldwide. It provides Square Register, a point-of-sale system that takes care of digital receipts, inventory, and sales reports, as well as provides analytics and feedback. The company serves big and small businesses from bakeries to retailers. Its product, Square Register, is available in the App Store and on Google Play, and it is designed to run on a smartphone or tablet, and on counter. Square, Inc. is headquartered in San Francisco, California.

1455 Market Street

Suite 600

San Francisco, CA 94103

United States

1,282 Employees

Phone:

415-375-3176

Key Executives for Square, Inc.

Co-Founder, Chairman, Chief Executive Officer and President
Age: 38
Total Annual Compensation: $3.8K
Chief Financial Officer
Age: 42
Total Annual Compensation: $230.0K
Seller Lead
Age: 45
Total Annual Compensation: $197.3K
Compensation as of Fiscal Year 2014.

Square, Inc. Key Developments

Square, Inc. Files Amended and Restated Certificate of Incorporation

On November 24, 2015, Square, Inc. filed an amended and restated certificate of incorporation with the Secretary of State of the State of Delaware in connection with the completion of the company's initial public offering of shares of its Class A common stock (the Initial Public Offering). Effective as of November 24, 2015, the company adopted amended and restated bylaws (the Restated Bylaws) in connection with the completion of the Initial Public Offering.

Square, Inc. Reports Earnings Results for the Nine Months of 2015

Square, Inc. reported earnings results for the nine months of 2015. For the period, the company lost $131.5 million on sales of $892.2 million.

Square Seeks Acquisitions

Square, Inc. is looking for acquisition opportunities. Square has filed an initial public offering in the amount of $275 million and may use a portion of the net proceeds from this offering for acquisitions of complementary businesses, technologies, or other assets. Square have not entered into any agreements or commitments with respect to any specific acquisitions and have no understandings or agreements with respect to any such acquisition or investment at this time.

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