Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of Block’s (SQ) Q3 2022 earnings report
Financial services company Block, Inc. (NYSE: SQ), previously known as Square, Thursday reported an increase in third-quarter adjusted earnings, aided by strong top-line performance.
Third-quarter earnings, adjusted for one-off items, increased to $0.42 per share from $0.25 per share in the corresponding quarter of last year. On an unadjusted basis, the company reported a net loss of $14.71 million or $0.02 per share for the most recent quarter, compared to a profit of $0.084 million in the prior-year period.
Check this space to read management/analysts’ comments on Block’s Q3 results
Total revenues increased 17% year-over-year to $4.52 billion. At $54.4 billion, gross payments volume was up 20% compared to the third quarter of 2021.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
Earnings Preview: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal
