Square trims losses more quickly than expected, stock soars San Francisco payment-processing company Square has raised its revenue outlook for the year and pared back its losses more quickly than expected, as it sees strong gains in its core target market of small businesses. Square made the forecast yesterday afternoon after the stock market had closed. The news sent shares of the company up almost 11 percent to a record in early trading Thursday. The company now says its expects revenue in 2017 to be at least $2.12 billion, from $2.09 billion previously. (San Francisco Business Times)