This year, analysts said that wasn't the case for Block. "Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds ...

Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft ... The financial services company missed across the board — on revenue, gross profit and payment ...

Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its Cash App business. Typically, the Cash App business benefits early in the ...

Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...

Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ... after Block cut its full-year profit guidance as a result of a ...

Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results on May 1, 2025.

Many flagged fresh concerns around stagnant Cash App user growth ... company missed across the board — on revenue, gross profit and payment volume — and slashed its full-year guidance ...