Block earnings top estimates, issues upbeat guidance.

Block (SQ) reported third-quarter results that topped Wall Street estimates on both the top and bottom lines. The fintech company reported adjusted earnings of $0.55 per share compared to estimates of $0.45 cents and revenue of $5.62 billion versus expectations of $5.47 billion. The company also raised its full-year adjusted EBITDA forecast for 2023 and issued upbeat guidance for 2024. Yahoo Finance Live breaks down the report.
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