By Allison Prang

Square Inc. raised its guidance for adjusted expenses for 2021.

The company expects adjusted product development, sales and marketing and general and administrative expenses in the aggregate to rise year over year by about $1 billion to $1.1 billion.

It was expecting those to rise between $800 and $900 million.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

May 06, 2021 17:24 ET (21:24 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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