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-0.000124501992031936 0.000498007968127391 0.00080179282868516 0.000871513944223023 -0.00423431274900407 -0.00927539840637456 -0.014691235059761 -0.0174302788844622
Stock impact report

Block (SQ) Q4 Earnings Miss Estimates, Revenues Rise Y/Y [Yahoo! Finance]

Block, Inc. Class A, (SQ) 
Last block, inc. class a, earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: squareup.com/about/investors
Company Research Source: Yahoo! Finance
Net revenues of $5.77 billion surpassed the Zacks Consensus Estimate of $5.69 billion. The top line increased 24% from the prior-year quarter. Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $3.91 billion to net revenues for the reported quarter, up 31% year over year. Strength across the BNPL platform benefited the Cash App performance. BNPL contributed $325 million of revenues to Cash App, up 23.1% year over year. Block witnessed solid traction across the Square ecosystem, generating $1.81 billion in revenues, up 12% year over year. The company witnessed strong growth in transaction and 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 fourth quarter amounted to $57.5 billion, up 8% from the year-ago quarte Show less Read more
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