Block shows strong growth in gross profits and operating margins, driven primarily by the Cash App segment's accelerating momentum. The Cash App segment saw a 6 PP gross profit growth acceleration ...
Block reported better than expected results for Q2, driven by Cash App strength. Cash App segment generated 24% Y/Y growth and Block's adjusted EBITDA is surging. The Fintech is trading at only a 13X ...
Block Inc., corporate parent of Square and Cash App, posted $5.5 billion in second-quarter revenue, a 25% jump from $4.4 billion in the same quarter a year ago, as the payments provider pushes on with ...