FinanceThe Blockabout 1 hour ago
Block Raises Full-Year Profit Forecast
2 min read
Jack Dorsey-led fintech firm Block Inc. reported net income of $566 million in Q3, up from $462 million a year earlier. The company raised its full-year gross profit forecast to $12.63 billion, representing a 22% year-on-year growth. Shares jumped 6.2% in after-hours trading following the earnings release.
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