Credit risk was always the big worry when it came to Square , but that risk seems to be alleviated, said TheStreet’s Jim Cramer. Square on Wednesday reported a second quarter loss of $27.3 million, or a loss of 8 cents per share. Wall Street’s consensus estimate was for a loss of 11 cents per share. The mobile payments services provider also beat on the top line posting revenue of $438.5 million in the period, also topping the Street forecast of $407.5 million.
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