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    Home»Technology»Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours (MacKenzie Sigalos/CNBC)
    Technology

    Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours (MacKenzie Sigalos/CNBC)

    By AdminNovember 7, 2024
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    Block reports Q3 revenue up 6% YoY to .98B, vs. .24B est., gross profit up 19% to .25B, Cash App gross profit up 21% to .31B; SQ drops 6%+ after hours (MacKenzie Sigalos/CNBC)




    MacKenzie Sigalos / CNBC:

    Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours  —  Block shares tumbled 11% in extended trading on Thursday after the company reported third-quarter revenue that trailed Wall Street expectations.

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