Block Stock Jumps After Earnings Forecast

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

CEO Jack Dorsey, who recently returned to the fintech he founded in 2009, outlined his priorities for the Square seller business.

Block shares jumped in after-hours trading after the parent company of the payments platform Square beat expectations for its earnings and laid out financial forecasts that were more upbeat than anticipated.

Shares of Block rose more than 19% in after hours trading. As of the close on Thursday, they were down 30% so far this year. The company said in a letter to shareholders that it believes it can achieve gross profit growth in the midteens and a mid-20% adjusted operating income margin in 2026.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Expedia’s stock jumps 9% as company sees ‘resilience’ in travel demandClaudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter ClaudiaAssisMW.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Paramount stock jumps after strong earnings report, adding to blockbuster dayThe media conglomerate reported a 38% increase in revenue and 63 million subscribers on Paramount+.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Fastly’s stock jumps 12% on better-than-expected earnings, revenueJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

DoorDash Stock Jumps On Strong EarningsConsumers continue to order out, based on the food delivery firm’s latest results.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »