Block shares pop more than 9% despite Q2 miss
CNBC Televisionยท2025-08-07 20:30
Hey Morgan. So block shares surging about 9% in after hours trading despite a miss on both the top and bottom line. EPS coming in at 62 cents.The street wanted to see 69 cents. Revenue $6.05% billion for the quarter against estimates of 6.3% billion. I'm seeing transaction revenue coming in in line with estimates.Same thing with subscription and services revenue. GPV that is a read on how the Cash App and Square business is doing. that came in slightly ahead of estimates 66.62% billion versus 66.32% billion ...