Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 15%+ (Emily Bary/MarketWatch)

November 3, 2023

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Emily Bary / MarketWatch:

Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 15%+ — ‘Really what we expect to see next year is meaningful margin expansion,’ CFO says — Block Inc. reported better …

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