Block (SQ) earnings report, Q3 2023


Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.

Joe Raedle | Getty Images

Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings that beat analyst estimates on the top and bottom line and showed strong growth in both Cash App and Square revenue.

Here’s how the company did, compared to an analyst consensus from LSEG, formerly Refinitiv:

  • Earnings per share: 55 cents, adjusted, vs. 47 cents expected
  • Revenue: $5.62 billion…

Source cnbc.com

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