Block quarterly profit jumps on resilient consumer spending

Block, Inc. Class A

Block, Inc. Class A

XYZ

0.00

May 7 (Reuters) - Jack Dorsey-led Block XYZ.N reported a jump in first-quarter profit on Thursday, lifted by resilient consumer spending.

Adjusted profit was $513 million, or 85 cents per share, in the three months ended March 31, compared with $355 million, or 56 cents per share a year earlier.


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