Square reports revenue of $452 million vs $450 million estimate

Square Q4 loss ($0.04)
Square Q4 loss ($0.04)

Square reported strong quarterly results Wednesday, sending shares more than 8 percent higher in extended trade.

Here's what the company reported compared to expectations:
— Loss per share: 4 cents a share vs. 9 cents expected, according to Thomson Reuters consensus
— Revenue: $452 million vs. $450 million expected, according to Reuters
— Gross payment volume: $13.7 billion vs. $13.65 billion expected, according to FactSet
— Q1 revenue guidance: Between $440 million and $452 million vs. $449.9 million expected, according to Reuters

Those figures are better than the comparable year-ago loss of 20 cents per share on $374 million in revenue.

Shares gained more than 8 percent after hours to trade near $16.33, climbing past the stock's all-time intraday high of $15.91.

In the fiscal fourth quarter, the payment processing company saw continued growth partially driven by Square Capital, its small-business loan arm, and Caviar, a food ordering and delivery service.

In December, Square announced a partnership with Apple, allowing people to add money stored on the company's virtual card, an app called Square Cash, to their Apple Wallet. The move allowed users to spend money from Square Cash anywhere that accepts Apple Pay.

— CNBC's Harriet Taylor contributed to this report.