To block (NYSE:SQ) reported earnings after market close on November 3, 2022 and results were impressive across the board. Cash App profits have increased by more than 50% and more top traders are using the platform. In the video below, Travis Hoium and Jon Quast give their instant reactions to the results and discuss the future of this company.
*The stock prices used were end-of-day prices on November 3, 2022. The video was posted on November 3, 2022.
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Jon Quast holds positions at Block, Inc. and PayPal Holdings. Travis Hoium holds positions at Block, Inc., Coinbase Global, Inc., and PayPal Holdings. The Motley Fool holds and recommends Block, Inc., Coinbase Global, Inc., PayPal Holdings, and Visa. The Motley Fool has a disclosure policy. Travis Hoium is affiliated with The Motley Fool and may be compensated for promoting his services. If you choose to subscribe through their link, they will earn extra money supporting their channel. Their opinions remain their own and are not affected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.