Block (SQ) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y [Yahoo! Finance]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Yahoo! Finance
Net revenues of $5.96 billion surpassed the Zacks Consensus Estimate of $5.75 billion. The top line increased 19% from the prior-year quarter. Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $4.17 billion to net revenues for the reported quarter, up 23% year over year. Strength across the BNPL platform, Cash App Card and bitcoin products benefited the Cash App performance. Block witnessed solid traction across the Square ecosystem, generating $1.73 billion in revenues, up 11% year over year. The company witnessed strong growth in subscription revenues. Accelerating bitcoin revenues was positive. Its growing gross payment volume (GPV) drove the results. Block, Inc. Price, Consensus and EPS Surprise Block, Inc. price-consensus-eps-surprise-chart | Block, Inc. Quote GPV GPV in the first quarter amounted to $54.43 billion, up 6% from the year-ago quarter. The figure lagged the Zacks Consensus Estimate of $54.9 b
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SQ
News
- ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
- Investors Heavily Search Block, Inc. (SQ): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
- IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
- Bitcoin Shows Highest Daily Gains In 2 Months, Jack Dorsey Says Price Will Surpass $1 Million [Yahoo! Finance]Yahoo! Finance
SQ
Earnings
- 5/2/24 - Beat
SQ
Sec Filings
- 5/9/24 - Form 8-K
- 5/3/24 - Form 4
- 5/2/24 - Form 10-Q
- SQ's page on the SEC website