{"id":88117,"date":"2024-05-03T00:55:23","date_gmt":"2024-05-03T04:55:23","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88117"},"modified":"2024-05-03T01:28:00","modified_gmt":"2024-05-03T05:28:00","slug":"block-shares-jump-on-better-than-expected-first-quarter-results","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/block-shares-jump-on-better-than-expected-first-quarter-results.html","title":{"rendered":"Block shares jump on better-than-expected first-quarter results"},"content":{"rendered":"\n<p>(CNBC) Block, formerly known as Square, posted $2.09 billion in gross profit, up 22% from a year ago. Analysts tend to focus on gross profit as a more accurate measurement of the company\u2019s core transactional businesses. The company reported net income of $472 million, or 74 cents per share, more than quadruple the net income of $98.3 million, or 16 cents per share, a year earlier.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/02\/block-sq-earnings-q1-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Block, formerly known as Square, posted $2.09 billion in gross profit, up 22% from a year ago. Analysts tend to focus on gross profit as a more accurate measurement of the company\u2019s core transactional businesses. The company reported net [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88117","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88117"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88117\/revisions"}],"predecessor-version":[{"id":88118,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88117\/revisions\/88118"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}