Block Inc
- Block Inc declined 6.6% to $68.80 after the company reported second quarter earnings per share of 39 cents and revenue of $5.53 billion.
Revenue in the second quarter increased to $5.5 billion from $44 billion and net loss shrank to $125.8 million from $209.7 million and diluted loss per share eased to 20 cents from 36 a year ago.
The company reported earnings and sales ahead of market expectations.
Aug 4, 2023
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