financetom
Business
financetom
/
Business
/
Block Q2 Adjusted Earnings, Revenue Rise -- Share Up After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Block Q2 Adjusted Earnings, Revenue Rise -- Share Up After Hours
Aug 1, 2024 1:46 PM

04:21 PM EDT, 08/01/2024 (MT Newswires) -- Block (SQ) reported Q2 adjusted earnings late Thursday of $0.93 per diluted share, compared with $0.40 a year earlier.

Analysts surveyed by Capital IQ expected $0.84.

Revenue for the quarter ended June 30 was $6.16 billion, compared with $5.53 billion a year ago.

Analysts surveyed by Capital IQ expected $6.30 billion.

Shares rose nearly 3% in after-hours activity.

Price: 61.50, Change: +1.63, Percent Change: +2.72

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Aug 1, 2025
09:17 AM EDT, 08/01/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently down 2.4%. Amazon.com ( AMZN ) reported higher Q2 net income and revenue. Shares of Amazon.com ( AMZN ) were...
Chevron, Exxon Mobil Second-Quarter Results Surpass Estimates Amid Higher Production
Chevron, Exxon Mobil Second-Quarter Results Surpass Estimates Amid Higher Production
Aug 1, 2025
09:19 AM EDT, 08/01/2025 (MT Newswires) -- Chevron ( CVX ) and Exxon Mobil ( XOM ) reported better-than-expected second-quarter results on Friday, buoyed by higher oil production despite lower crude prices. Chevron ( CVX ) said its adjusted earnings declined to $1.77 per share for the June quarter from $2.55 a year earlier, citing lower oil prices as one...
Performant Healthcare Signs Deal to Be Acquired by Machinify
Performant Healthcare Signs Deal to Be Acquired by Machinify
Aug 1, 2025
09:11 AM EDT, 08/01/2025 (MT Newswires) -- Performant Healthcare ( PHLT ) said Friday it has signed a definitive agreement to be acquired by Machinify, a healthcare intelligence company backed by New Mountain Capital, in a deal valued at about $670 million. Performant shareholders will receive $7.75 in cash per share, a 139% premium to the company's 90-day average price...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved