Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its Cash App business. Typically, the Cash App business benefits early in ...

"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...

Shares in Block (ASX:XYZ) closed 26.74% lower at A$67.50 on Friday, while the company’s US-listed stock (NYSE:XYZ) was down ...

Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...

Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...

Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...

Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings ... even beyond what we've seen so far more meaningfully into our growth outlook. We have ...

Block (SQ, Financials) shares plunged 20.4% to $46.53 on Friday after the company missed first-quarter revenue estimates and ...

Shares in Block Inc. plunged over 18% in after-hours trading today after the financial services company missed on earnings, ...

Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The ...

Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...