Block Sees 2023 Adj. EBITDA $1.5B
Portfolio Pulse from Benzinga Newsdesk
Block Inc. projects its adjusted EBITDA to reach $1.5 billion in 2023.
August 04, 2023 | 2:25 pm
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Block Inc., formerly known as Square Inc. (SQ), expects its adjusted EBITDA to reach $1.5 billion in 2023.
The news directly pertains to Block Inc., formerly known as Square Inc. (SQ). The company's projection of a $1.5 billion adjusted EBITDA for 2023 indicates a positive financial outlook, which could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100