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The company behind payment systems Cash App and Square sees full-year gross profit, a key indicator for Block, increasing 14.4%, up from previous guidance of 12% growth.
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Cryptopolitan on MSNBlock shares jump 8% as cash app fuels higher profit forecast
Block Inc. raises 2025 profit forecast to $10.17b from $9.96b after a strong Q2. Shares surge 8% in after-hours trading following the upbeat outlook. Cash App gross profit jumps 16% to $1.50b, beating ...
Gross profit rose by 47% to $1.18 billion compared to the analysts’ forecast of $1.16 billion and breaking the decelerating trend that jinxed the company in recent quarters, Cash App gross ...
Block’s CDIs climbed on the ASX after the company raised its full‑year 2025 gross profit guidance to $10.17 billion from ...
Shares of Block ( XYZ -0.37%) seem to be stuck in neutral. After a pandemic-fueled surge, when the world raced toward digital payments and Block rode the wave of skyrocketing adoption, the stock has ...
Cash App rebound estimated to help Block beat Q2 consensus, raise outlook Aug. 06, 2025 2:10 PM ET Block, Inc. (XYZ) Stock By: Mary Christine Joy, SA News Editor Play (4min) ...
Shares of Block Inc (NYSE:XYZ) surged 8% in after-hours trading Thursday after the payments firm reported robust gross profit growth in the second quarter, defying an earnings miss. Strong gains in ...
Block's total gross payment volume (GPV) grew 7.5% year-on-year, accelerating from 4.4% in the previous quarter, to $66.6 billion, ahead of Street expectations of $66.1 billion, Perlin. Cash App ...
Bancorp and Block to Provide Debit Cards to Cash App Users Published: July 14, 2025 at 4:39 p.m. ET Share Resize ...
Adyen Inc. has become the first third-party processor to offer Block Inc.’s Cash App mobile wallet to merchants. The news comes hard on the heels of reports earlier this month that Block had opened ...
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