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Block, Inc. reports a 176% jump in Q2 profits to $538M, despite missing revenue estimates.
Block, Inc. reported a significant increase in net profit for Q2 2025, up 176% to $538 million, though both earnings and revenue slightly missed Wall Street estimates.
Despite a 1.7% decline in revenue to $6.05 billion, the company highlighted strong growth in adjusted operating income and increased user engagement with its Cash App.
Block's performance comes amid economic uncertainties, including potential recession fears and a slowing jobs market.
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Block, Inc. informa un salto del 176% en las ganancias del segundo trimestre a $ 538 millones, a pesar de las estimaciones de ingresos perdidas.