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Block shares rise after third-quarter beat and a third straight guidance raise
Shares of Block Inc. rose more than 7% in late trading today after the payments and financial services company beat third-quarter expectations and raised its full-year guidance for the third straight time. For the quarter that ended on Sept. 30, Block reported adjusted earnings of $1.13 per share, up from 54 cents in the same […] The post Block shares rise after third-quarter beat and a third straight guidance raise appeared first on SiliconANGLE.
Shares of Block Inc. rose more than 7% in late trading today after the payments and financial services company beat third-quarter expectations and raised its full-year guidance for the third straight time. For the quarter that ended on Sept. 30, Block reported adjusted earnings of $1.13 per share, up from 54 cents in the same quarter of the previous year, on revenue of $6.72 billion, up nearly 10% year-over-year. Analysts were…
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