Block Shares Rise 6% After-Hours as Company Raises Full-Year Profit Forecast
Block shares rose 6.2% in after-hours trading Tuesday after the company reported stronger third-quarter earnings and raised its full-year profit outlook. Net income was $566 million, up from $462 million a year earlier.
Jack Dorsey-led fintech firm Block Inc. (XYZ) saw its shares jump 6.2% in after-hours trading on Tuesday after reporting stronger third-quarter earnings and raising its full-year profit outlook.Block posted a net income of $566 million in the third quarter of this year, up from $462 million a year…