Tag Archives: Block

Block shares tumble after-hours on Q3 earnings miss

Block shares tumble after-hours on Q3 earnings miss

Jack Dorsey’s Block Inc. saw its stock price plummet nearly 12% in after-hours trading Thursday as third-quarter earnings fell short of Wall Street’s expectations, leaving investors rattled. Fintech darling’s Q3 report card: a mixed bag. While revenues crept up to $6.11 billion, a 2.3% year-over-year rise, they couldn’t quite reach the anticipated $6.33 billion mark. The bottom line? Earnings per …

Read More »
Teras Media
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.