Block reports strong Q3 results and raises next year's gross profit guidance
XYZ Block Inc
$84.58 +2.82%
View chart & analysis → - 1Block shares rose 9% during pre-market trading.
- 2Block achieved $3.2 billion in Q3 gross profit, a 22% increase year-over-year.
- 3Block projected next year's gross profit to be $14.52 billion.
So what's the key point?
Block's performance improved with $3.2 billion in gross profit during the third quarter. The company also raised its profit outlook for next year.
Source Bloomberg +1 · View original ↗
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