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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