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 jumps 5%+ after hours  —  Block shares jumped 6% 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 jumps 5%+ after hours  —  Block shares jumped 6% 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