Block, formerly known as Square
11-06-2019, 03:50 PM
#201
$63.60 : +$2.26 (+3.68%)
After hours: 4:49PM EST
EPS: $0.25 per share vs $0.20 per share expected -- beat
Adjusted Revenue: $602 million vs $597.14 million expected -- beat
Total net revenue: $1.27 billion vs $1.20 billion expected -- beat
Gross Payment Volume: $28.2 billion vs $27.9 billion expected -- beat
https://s21.q4cdn.com/114365585/file...ter-Square.pdf
Giving low easy-to-beat guidance again?
Q4 2019 guidance
Total net revenue: $1.160 billion to $1.180 billion vs
Adjusted revenue: $585 million to $595 million vs $621 million estimate -- miss
Adjusted EBITDA: $112 million to $117 million vs
Adjusted EPS: $0.19 to $0.21 vs $0.25 estimate -- miss
After hours: 4:49PM EST
EPS: $0.25 per share vs $0.20 per share expected -- beat
Adjusted Revenue: $602 million vs $597.14 million expected -- beat
Total net revenue: $1.27 billion vs $1.20 billion expected -- beat
Gross Payment Volume: $28.2 billion vs $27.9 billion expected -- beat
https://s21.q4cdn.com/114365585/file...ter-Square.pdf
Giving low easy-to-beat guidance again?
Q4 2019 guidance
Total net revenue: $1.160 billion to $1.180 billion vs
Adjusted revenue: $585 million to $595 million vs $621 million estimate -- miss
Adjusted EBITDA: $112 million to $117 million vs
Adjusted EPS: $0.19 to $0.21 vs $0.25 estimate -- miss
05-07-2020, 03:12 PM
#202
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07-06-2020, 11:40 AM
#203
Team Owner
122.90+9.51 (+8.39%)
As of 12:39PM EDT.
As of 12:39PM EDT.
07-06-2020, 01:55 PM
#204
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12-09-2020, 02:45 PM
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12-09-2020, 03:17 PM
#206
Team Owner
12-01-2021, 03:38 PM
#207
Thread title update time. Block, formly known as Square?
Jack Dorsey going all in on Block Chain?
https://block.xyz/
https://www.cnbc.com/2021/12/01/squa...to-block-.html
Jack Dorsey going all in on Block Chain?
https://block.xyz/
https://www.cnbc.com/2021/12/01/squa...to-block-.html
Jack Dorsey’s Square changes corporate name to Block
Wed, Dec 1 2021
Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond its original credit card reader business.
Jack Dorsey’s payments giant said in an announcement the new name, effective Dec. 10, “acknowledges the company’s growth” and “creates room for further growth.” Block will still trade under the ticker SQ on the Nasdaq.
“We built the Square brand for our Seller business, which is where it belongs,” Jack Dorsey, cofounder and CEO of Block, said in a statement. “Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy.”
Dorsey co-founded Square in 2009 with a focus on in-person payments and its namesake card reader, which let people accept credit card payments on a smartphone. San Francisco-based Square has since added a peer-to-peer digital banking app, small business lending, received a bank charter and offers crypto and stock trading. The company has acquired buy-now-pay-later provider Afterpay and Jay-Z’s music streaming service Tidal. It’s also doubling down on bitcoin with a crypto-focused business called TBD.
As part of the Square rebrand, a separate part of the company “dedicated to advancing Bitcoin,” known as Square Crypto, will change its name to Spiral.
“The name has many associated meanings for the company — building blocks, neighborhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome,” Block said in a statement.
Wed, Dec 1 2021
Square is renaming itself Block as it focuses on technologies like blockchain and expands beyond its original credit card reader business.
Jack Dorsey’s payments giant said in an announcement the new name, effective Dec. 10, “acknowledges the company’s growth” and “creates room for further growth.” Block will still trade under the ticker SQ on the Nasdaq.
“We built the Square brand for our Seller business, which is where it belongs,” Jack Dorsey, cofounder and CEO of Block, said in a statement. “Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy.”
Dorsey co-founded Square in 2009 with a focus on in-person payments and its namesake card reader, which let people accept credit card payments on a smartphone. San Francisco-based Square has since added a peer-to-peer digital banking app, small business lending, received a bank charter and offers crypto and stock trading. The company has acquired buy-now-pay-later provider Afterpay and Jay-Z’s music streaming service Tidal. It’s also doubling down on bitcoin with a crypto-focused business called TBD.
As part of the Square rebrand, a separate part of the company “dedicated to advancing Bitcoin,” known as Square Crypto, will change its name to Spiral.
“The name has many associated meanings for the company — building blocks, neighborhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome,” Block said in a statement.
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Mizouse (12-01-2021)
12-01-2021, 03:41 PM
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done.
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AZuser (12-01-2021)
12-01-2021, 06:45 PM
#209
Team Owner
I wonder what H&R Block is going to think about that.
12-16-2021, 11:50 AM
#210
https://www.cnbc.com/2021/12/16/hr-b...ame-block.html
H&R Block sues over Square’s new name ‘Block’
Thu, Dec 16 2021
H&R Block filed a trademark infringement lawsuit over Square’s new name, “Block” on Thursday.
The tax preparation service seeks to keep Block from using the new name, saying in a press release that the fintech company “would improperly capitalize on the goodwill and consumer trust cultivated by Block since 1955.”
H&R Block said the renamed company competes with it directly in financial services, including through its recent acquisition of Credit Karma Tax for tax preparation. It alleged the name would be overly confusing for consumers, especially given the two companies’ overlapping offerings.
Thu, Dec 16 2021
H&R Block filed a trademark infringement lawsuit over Square’s new name, “Block” on Thursday.
The tax preparation service seeks to keep Block from using the new name, saying in a press release that the fintech company “would improperly capitalize on the goodwill and consumer trust cultivated by Block since 1955.”
H&R Block said the renamed company competes with it directly in financial services, including through its recent acquisition of Credit Karma Tax for tax preparation. It alleged the name would be overly confusing for consumers, especially given the two companies’ overlapping offerings.
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doopstr (12-19-2021)
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