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Benzinga
Benzinga
Business
Chris Katje

Block Inc Q2 Earnings Highlights: Revenue And EPS Beat, Shares Fall On Outlook And Bitcoin Impact

Block Block, Inc. Bitcoin Square Cash App SQ

Financial company Block Inc (NYSE:SQ) reported second-quarter financial results after the market close Thursday. Here are the key highlights for investors and details on how Bitcoin (CRYPTO: BTC) impacted the results.

What Happened: Block Inc, which changed its name from Square in December, reported second-quarter revenue of $4.4 billion, down 6% year-over-year.

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