Block Inc. reports higher profit as Square volume surges and Cash App fuels Q3 growth raising full-year outlook
Corroborated by 2 sources from 2 publishers
globalbusiness3h ago
TL;DR
Block Inc. said profit increased with a jump in Square payment volume and Cash App driving Q3 growth, prompting a raised full-year profit outlook.
Sources
1
Dow Jones U.S. Business
https://www.wsj.com/business/earnings/block-inc-profit-rises-as-square-payment-volume-jumps-b59af0ce?mod=pls_whats_news_us_business_f
5h ago
2
Investing.com News
https://www.investing.com/news/economy-news/block-raises-fullyear-profit-outlook-as-cash-app-drives-q3-growth-4996401
3h ago