Categories AlphaGraphs, Earnings, Finance

SQ Earnings: Block reports higher adj. earnings for Q3; revenues rise 24%

Payment technology company Block, Inc. (NYSE: SQ) Friday reported a double-digit increase in third-quarter revenues and adjusted profit.

Block Q3 2023 earnings infographic

Total net revenue came in at $5.62 billion in the third quarter of 2023, which is up 24% from the prior-year period. Excluding bitcoin revenue, revenue increased 16% year-over-year to $3.19 billion during the three-month period.

The strong top-line growth translated into a 31% jump in adjusted earnings to $0.55 per share. On an unadjusted basis, it was a net loss of $29.0 million or $0.05 per share in Q3, compared to a loss of $14.7 million or $0.02 per share a year earlier.

Prior Performance

  • Block Q3 2022 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

ADSK Earnings: Highlights of Autodesk’s Q4 2025 report

Autodesk, Inc. (NASDAQ: ADSK) has reported a double-digit increase in revenues and adjusted earnings for the fourth quarter of 2025 amid strong demand for its products. The design software company’s

Monster Beverage (MNST) Earnings: 4Q24 Key Numbers

Monster Beverage Corporation (NASDAQ: MNST) reported its earnings results for the fourth quarter of 2024. Net sales increased 4.7% year-over-year to $1.81 billion. Net sales on a foreign currency adjusted

HPQ Q1 Call Highlights: AI PC Adoption, Supply Chain Resilience and Subscription Milestones!

HP Inc., a leading provider of computers, printers, and printer supplies, in its Q1 earnings call discusses about the comprehensive picture of their current business strategy and market positioning. The

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close