Block, the payments company led by Jack Dorsey and listed on the New York Stock Exchange under ticker XYZ, reported third-quarter results that came in above expectations and raised its full-year financial outlook. After the earnings release, the company’s shares climbed 8.1% in after-hours trading on Nov. 3 U.S. Eastern Time, corresponding to Nov. 4 in Beijing. The earnings report said profitability improved at both Cash App and Square, while business activity also increased. The update was cited by Techub News, with CoinGape referenced in the source material. No additional figures were disclosed in the input.
Block, the payments company led by Jack Dorsey and listed on the New York Stock Exchange as XYZ, reported third-quarter results above expectations and raised its full-year financial outlook.
Following the earnings release, Block shares rose 8.1% in after-hours trading on Nov. 3 U.S. Eastern Time, which corresponds to Nov. 4 in Beijing.
The earnings report said profitability improved at Cash App and Square, and business activity increased.
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