Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its Cash App business. Typically, the Cash App business benefits early in ...

Shares in Block (ASX:XYZ) closed 26.74% lower at A$67.50 on Friday, while the company’s US-listed stock (NYSE:XYZ) was down ...

"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...

Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...

Payments firm Block cut its guidance for 2025 gross profit growth on Thursday, sending the company's shares down 10% in ...

Block (SQ, Financials) shares plunged 20.4% to $46.53 on Friday after the company missed first-quarter revenue estimates and ...

Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly ...

Block Inc (XYZ) reports a 9% increase in gross profit and unveils strategic innovations to drive future growth despite ...

Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings ... even beyond what we've seen so far more meaningfully into our growth outlook. We have ...

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...

Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...