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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
"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 of Block Inc. sank the most in more than five years after the digital-payments company led by Jack Dorsey posted first ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization.
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...
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Block XYZ reported first-quarter 2025 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate by ...
Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...