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SQ Jun 2024 50.000 put
| Previous close | 0.4500 |
| Open | 0.7000 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 50.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.4400 - 0.7000 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Block stock pops on Q1 earnings, guidance boost
Block (SQ) reported first quarter adjusted earnings per share of $0.85 compared to a $0.71 estimate. Revenue of $5.96 billion was just slightly better than the $5.89 billion estimate. The company also says in its release that it will be investing 10% of its "gross profit from bitcoin products into bitcoin purchases." Block also raised its full-year gross profit and adjusted EBITDA forecasts. Yahoo Finance's Julie Hyman breaks down the financial technology company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
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Unlocking the Financial Dynamics and Strategic Directions
BenzingaBlock Stock Soars On Q1 Earnings, Strategic Bitcoin Investment: Details
Block, Inc. (NYSE:SQ) shares rose after the company reported its first-quarter financial results on Thursday. Here's a look at the highlights. Block reported quarterly sales of $5.957 billion, which beat the analyst consensus estimate of $5.821 billion, representing a 19.38% increase over sales of $4.99 billion from last year. The company reported adjusted earnings of 85 cents per share, beating the 72 cents per share consensus estimate. Cash App generated a quarterly gross profit of $1.26 billi
