Technology

Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M (MacKenzie Sigalos/CNBC)

Photo of Grace Will Grace Will February 24, 2023
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Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M (MacKenzie Sigalos/CNBC)
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MacKenzie Sigalos / CNBC:

Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M  —  – Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations.



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