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This year, analysts said that wasn't the case for Block. "Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds ...
Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft ... The financial services company missed across the board — on revenue, gross profit and payment ...
Many flagged fresh concerns around stagnant Cash App user growth ... company missed across the board — on revenue, gross profit and payment volume — and slashed its full-year guidance ...
Apple’s shift toward services is unlocking powerful margin expansion, but hardware fatigue and legal pressures are mounting.
Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ... after Block cut its full-year profit guidance as a result of a ...
A protracted slump in crude prices has ratcheted up the pressure on Big Oil’s commitment to allocate cash to shareholders.
Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples with muted consumer spending, sending its shares down 19% in extended ...
Explore how fintech partnerships are transforming financial services and creating opportunities for credit unions in the ...
Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.
Discover how Katapult Holdings (KPLT) achieved 15.4% Q1 growth, strong app adoption, & positive engagement metrics.
Telegram raked in $540 million in profit last year, achieving rapid growth despite the drama around the messaging platform’s ...
President Donald Trump's trade policies have sparked concerns over ... of $2.54 billion. Its Cash App, which enables peer-to-peer mobile payments, reported gross profit growth of about 10% in ...