May 6 (Reuters) - Square Inc reported a profit for
the first quarter on Thursday, boosted by a surge in
transactions on its peer-to-peer payment service Cash App.
The payments firm, led by Twitter Inc top boss Jack
Dorsey, posted a net income of $39.01 million, or 8 cents per
share, for the quarter ended March, compared with a loss of
$105.9 million, or 24 cents per share, a year earlier.
(Reporting by Noor Zainab Hussain and Niket Nishant in
Bengaluru; Editing by Aditya Soni)