Emily Bary / MarketWatch:

Block Q3: revenue up 24% YoY to $5.62B, vs. $5.4B est., gross profit up 21% to $1.9B, Square gross profit up 15%, Cash App gross profit up 27%; SQ jumps 17%+  —  ‘Really what we expect to see next year is meaningful margin expansion,’ CFO says  —  Block Inc. reported better …

Emily Bary / MarketWatch:

Block Q3: revenue up 24% YoY to $5.62B, vs. $5.4B est., gross profit up 21% to $1.9B, Square gross profit up 15%, Cash App gross profit up 27%; SQ jumps 17%+  —  ‘Really what we expect to see next year is meaningful margin expansion,’ CFO says  —  Block Inc. reported better …

Source: TechMeme
Source Link: http://www.techmeme.com/231102/p35#a231102p35