Block beats Q3 earnings and revenue estimates, raises full-year guidance

Block's strong Q3 results and raised guidance signal sustained growth potential, despite challenges in its Bitcoin segment. The post Block beats Q3 earnings and revenue estimates, raises full-year guidance appeared first on Crypto Briefing.
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Quarterly results
A public company's report of its revenue, profit and outlook for a three-month period.
Results show how a business is really doing and often move its share price sharply.
More about Quarterly resultsRevenue
The total money a company earns from selling goods or services before any costs are subtracted.
Revenue growth shows demand for a company's products; profit shows whether it earns money from them.
More about RevenueBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Business
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