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 ...

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 ...

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 ...

Discover how Katapult Holdings (KPLT) achieved 15.4% Q1 growth, strong app adoption, & positive engagement metrics.

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 ...

Though concerns persist about a consumer ... adding that the company's forecast of 9.5% gross profit growth in the second quarter appeared "incredibly conservative". SQUARE BUSINESS STRENGTH Despite ...

The S&P 500 was down 1.5% in late trading and on track for a second drop after breaking a six-day winning streak. The Dow ...

Telegram raked in $540 million in profit last year, achieving rapid growth despite the drama around the messaging platform’s ...

Another positive is that PayPal continues to benefit from a first-mover advantage in the payment space. According to a survey ...