SQ stock climbed as December-quarter earnings, net revenue and gross payment volume topped estimates amid the acquisition of Afterpay. Read More...
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Block: Cash App Outlook Wins the Day
Heading into Block’s (SQ) Q4 earnings report, there were concerns the company would follow in the footsteps of other digital payment strugglers and provide a subpar display. Those fears appeared unsubstantiated after the company delivered the goods and signaled the company’s star offering, the Cash App, is doing just fine. Revenue increased by 29.1% year-over-year to reach $4.08 billion, in turn beating the Street’s call by $20 million. On the bottom-line, non-GAAP EPS of $0.27 came in ahead of
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