"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...

Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...

Block delivered a soft first quarter, with slowing growth at Cash App as the most significant issue, in our view. While management expects growth to improve in the back half of the year ...

Block shares experienced a significant drop, plunging over 20% following a disappointing quarterly report and a wave of analyst downgrades. The company's failure to meet revenue expectations and its ...

plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App. The first-quarter earnings miss rattled Wall Street ...

Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization. Get top local Connecticut stories delivered to ...