Block, Inc. expects to become GAAP profitable in 2024 and has seen strong cash flow generation and improved free cash flow. Jack Dorsey's return as head of Block is seen as a positive driver for the ...
Block's bitcoin trading generates high revenue but negligible profit, limiting its impact on overall business performance and valuation. The company has limited innovation, with Cash App and Square no ...
Block (NYSE:XYZ) is expected to report its first-quarter earnings on May 1, Thursday, and investors will keep an eye on its guidance amid tariff uncertainties and also monitor the performance of its ...