Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
Block Tops Q4 Estimates, Posts Nearly $2B in Bitcoin Transactions
Fintech and digital payments giant Block reported better-than-expected 2021 fourth quarter results after the market closed on Thursday. Total revenue was $4.08 billion, up 29% year-over-year, narrowly topping the $4.04 billion analyst consensus. Excluding bitcoin, revenue totaled $2.12 billion, up 51% on the prior year. Adjusted EPS was $0.27 versus the $0.19 estimate. The peer-to-peer payment…
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