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Block Reports Strong Earnings and Boosts Profit Outlook
Block Inc., led by Jack Dorsey, reported quarterly results that surpassed expectations, leading the company to lift its annual profit guidance due to growth in both its Square and Cash App businesses.
5 Aug, 20:07 — 5 Aug, 20:11
The Story
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Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
bloomberg
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US2
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ℹOnly 2 sources cover this story
Sources
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bloombergHigh1d ago
Dorsey’s Block Boosts Profit Outlook as Revamp Takes Shape
Block Inc. lifted its annual profit guidance on Wednesday after delivering quarterly results that topped expectations due to growth in both its Square and Cash App businesses.
By Lauren Tara LaCapra
Read full article →seeking-alphaMixed1d ago
Block Non-GAAP EPS of $1.02 beats by $0.15, revenue of $6.62B beats by $140M
Read full article →Coverage Timeline
First report: bloomberg · 5 Aug, 20:07|Full coverage: 2 · 4m|Window: 4m
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