Block Inc. Q3 net revenue was $6.11 billion, below expectations
Jinse Finance reported that Block Inc.'s net revenue for the third quarter was $6.11 billions, while analysts expected $6.34 billions; bitcoin revenue for the third quarter was $1.97 billions, with analysts expecting $2.28 billions. The company expects gross profit for the fourth quarter to be $2.76 billions, while analysts expected $2.74 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Block's bitcoin revenue reached nearly 2 billion USD in Q3, accounting for almost 30% of total revenue
Moussalem: The recent job market has slowed down, but it is still close to full employment.
Trending news
MoreCrypto prices
More
