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Block (SQ) reported fourth-quarter adjusted earnings per share of $0.45, well below Street expectations of $0.59. Net revenue of $5.77 billion was about in line with estimates. Adjusted EBITDA was $562 million, well above the $447 million estimate. The fintech company also raised its full-year 2024 adjusted EBITDA guidance to $2.63 billion from $2.4 billion.
Yahoo Finance's Julie Hyman and Josh Lipton break down the report.
For more expert insight and the latest market action, click here to wa...
>>> Read more: Block soars on upbeat guidance
Yahoo Finance's Julie Hyman and Josh Lipton break down the report.
For more expert insight and the latest market action, click here to wa...
>>> Read more: Block soars on upbeat guidance
