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Block reports Q1 revenue down 3% YoY to $5.77B, vs. $6.2B est., gross profit up 9% to $2.3B, below est., issues weak profit guidance; XYZ drops 18%+ a


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2025-05-01 23:55:03
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Cybersecurity Business

MacKenzie Sigalos / CNBC:

Block reports Q1 revenue down 3% YoY to $5.77B, vs. $6.2B est., gross profit up 9% to $2.3B, below est., issues weak profit guidance; XYZ drops 18%+ after hours  —  WATCH NOW  —  Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook.




MacKenzie Sigalos / CNBC:

Block reports Q1 revenue down 3% YoY to $5.77B, vs. $6.2B est., gross profit up 9% to $2.3B, below est., issues weak profit guidance; XYZ drops 18%+ after hours  —  WATCH NOW  —  Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook.



Source: TechMeme
Source Link: http://www.techmeme.com/250501/p56#a250501p56


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