"Squamous" simply refers to the type of cell and has nothing to do with whether cancer is present.
From the National Cancer Institute's
dictionary of cancer-related terms :
squamous cell: Flat cell that looks like a fish scale under a microscope. These cells cover inside and outside surfaces of the body. They are found in the tissues that form the surface of the skin, the lining of the hollow organs of the body (such as the bladder, kidney, and uterus), and the passages of the respiratory and digestive tracts.
hyperplasia: An abnormal increase in the number of cells in an organ or tissue. (Note: some websites go a little farther in the definition, calling it an unusual increase in the number of normal cells.)
hyperkeratosis: A condition marked by thickening of the outer layer of the skin, which is made of keratin (a tough, protective protein). It can result from normal use (corns, calluses), chronic inflammation (eczema), or genetic disorders.
Bottom line: This report says it is not cancer. If the pathologist had used the word "dysplasia" to describe the biopsy -- and yours specifically ruled that out -- that would indicate an "in-between" stage: not normal, but not cancer. Those should get further examination and, possibly, removal.
That said, if you notice something unusual or bothersome and it does not go away after two weeks, give yourself peace of mind and get it looked at.
All the best,
Leslie