Block Posts Higher Q1 Adjusted Net Income Despite Drop in Revenue

MT Newswires Live

2025/05/02

Block, Inc. (ASX:XYZ) reported Friday first quarter adjusted net income of $0.56 per diluted share, compared with $0.47 per diluted share a year earlier.

Analysts polled by FactSet expected adjusted diluted EPS of $0.97.

Total net revenue for the three months ended March 31 was $5.77 billion, down from $5.96 billion in the year-earlier period. Analysts surveyed by FactSet expected sales of $6.19 billion.

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Analysts surveyed by FactSet expected sales of $6.19 billion.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XYZ.AU","symbol_name":"Block Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2532378108","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532378108","pubTimestamp":1746141817,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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