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Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ af


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2025-08-07 20:57:27
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Cybersecurity Business

MacKenzie Sigalos / CNBC:

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours  —  Block shares jumped in extended trading on Thursday after the fintech company increased its forecast for the year.




MacKenzie Sigalos / CNBC:

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours  —  Block shares jumped in extended trading on Thursday after the fintech company increased its forecast for the year.



Source: TechMeme
Source Link: http://www.techmeme.com/250807/p40#a250807p40


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