[BUSINESS]■ STORY TIMELINE
BLOCK BEATS Q2 ESTIMATES, RAISES 2026 FORECAST
Block reported Q2 revenue of $6.62B, exceeding analyst expectations of $6.49B with 9% year-over-year growth. The company raised its full-year gross profit forecast following strong Cash App performance.
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Manya Saini / Reuters: Block reports Q2 revenue up 9% YoY to $6.62B, vs. $6.49B est., Cash App gross profit up 31% to $1…