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Block Q1 Revenue Misses Estimates, but Adj. EBITDA Is Ahead

(PLX AI) – Block Q1 revenue USD 3,960 million vs. estimate USD 4,160 million.Q1 adjusted EBITDA USD 195 million vs. estimate USD 184 million Cash App generated gross profit of $624 million, up 26% year over yearSquare generated gross profit of $661 …

  • (PLX AI) – Block Q1 revenue USD 3,960 million vs. estimate USD 4,160 million.
  • Q1 adjusted EBITDA USD 195 million vs. estimate USD 184 million
  • Cash App generated gross profit of $624 million, up 26% year over year
  • Square generated gross profit of $661 million, up 41% year over year

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Block Q1 Revenue Misses Estimates, but Adj. EBITDA Is Ahead (PLX AI) – Block Q1 revenue USD 3,960 million vs. estimate USD 4,160 million.Q1 adjusted EBITDA USD 195 million vs. estimate USD 184 million Cash App generated gross profit of $624 million, up 26% year over yearSquare generated gross profit of $661 …

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