MacKenzie Sigalos / CNBC:

Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%; SQ jumps 7%+ after hours  —  Block Inc logo is seen displayed in this illustration taken, April 10, 2023.  —  Block reported first-quarter earnings after the bell that exceeded analysts' estimates.

MacKenzie Sigalos / CNBC:

Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%; SQ jumps 7%+ after hours  —  Block Inc logo is seen displayed in this illustration taken, April 10, 2023.  —  Block reported first-quarter earnings after the bell that exceeded analysts' estimates.

Source: TechMeme
Source Link: http://www.techmeme.com/240502/p37#a240502p37