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Block raises full-year profit outlook as Cash App drives Q3 growth

Nov 3 (Reuters) - Jack Dorsey-led Block raised its full-year gross profit outlook on Tuesday ⁠after posting a rise in third-quarter earnings, helped by strength in its Cash ‌App unit and steady consumer spending that offset an uncertain economic backdrop.

The Star MalaysiaRishab Shaju, Prakhar Srivastava查看原文 ↗
由于 Cash App 推动第三季度增长,Block 上调全年盈利预期

FILE PHOTO: The Block logo in this illustration taken April 24, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Nov 3 (Reuters) - Jack Dorsey-led Block raised its full-year gross profit outlook on Tuesday ⁠after posting a rise in third-quarter earnings, helped by strength in its Cash ‌App unit and steady consumer spending that offset an uncertain economic backdrop.

Shares of the company were up 9% in extended trading.

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