Block Q3 Total Revenue $5.62B vs $5.441B Est.
Portfolio Pulse from Benzinga Newsdesk
Block, formerly known as Square, reported Q3 total revenue of $5.62 billion, surpassing the estimated $5.441 billion.
November 02, 2023 | 8:11 pm
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POSITIVE IMPACT
Block's Q3 revenue exceeded estimates, which could positively impact the company's stock.
Block's reported Q3 revenue exceeded the estimated value. This positive financial performance could increase investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100