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Block's Adjusted Profit Jumps as Losses Climb: Rapid Earnings Reaction

Source: fool.com

Corporate EarningsCorporate Guidance & OutlookFintechCompany Fundamentals
Block's Adjusted Profit Jumps as Losses Climb: Rapid Earnings Reaction

Block said gross profit grew faster than it had guided and raised its full-year outlook again. Square's U.S. payment volume growth accelerated, which the article described as a sign its sales push is working.

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