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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Unexpected changes in spending patterns on the P2P app caused the company to miss internal and analyst targets, resulting in ...
Shares of Block Inc. sank the most in more than five years after the digital-payments company led by Jack Dorsey posted first ...
Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...
Shares of Block ( XYZ -20.40%) are falling on Friday. The stock dropped 20.7% as of 12:55 p.m. ET and was down as much as ...
Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...
Square faces the same risks as many others in the payments space due to its reliance on consumer spending. But international ...
After market close on Thursday, Jack Dorsey-led Block lowered its forecast for 2025 gross profit growth to 12% from 15%, ...