Trending
NFLX 
$186.35  $2.87 
AAPL 
$137.59  $0.24 
AMZN 
$2,151.82  $5.44 
TSLA 
$663.90  $45.52 
GOOG 
$2,186.26  $28.65 

Block’s Q1 Profits Top Wall Street Targets, Boosted by Cash App

Block’s Q1 Profits Top Wall Street Targets, Boosted by Cash App

Block’s first-quarter operating earnings exceeded Wall Street’s expectations, despite a fall in overall revenue caused by a weaker bitcoin. The firm, led by Twitter co-founder Jack Dorsey, posted operating earnings, also known as adjusted EBITDA, of $195 million, beating Wall Street’s average expectation of $136 million. However, the company still fell short of headline revenue …

The post Block’s Q1 Profits Top Wall Street Targets, Boosted by Cash App appeared first on Coindesk News.

Read the entire article here.

JOIN OUR NEWSLETTER

Signup today for free and be the first to get notified of breaking news.

Recent News

Follow Us

Add New Playlist