Block Announces Second Quarter 2022 Results

Rhea-AI Summary

Block, Inc. (NYSE: SQ) released its second-quarter results for 2022 on its Investor Relations website and has filed these with the SEC. The company will hold a conference call at 2:00 p.m. PT to discuss the financial results. Block operates in financial services, offering tools like Square for business growth, Cash App for easy transactions, and TIDAL for artists. The company focuses on enhancing economic access through technologies, including open-source Bitcoin projects by Spiral and a developer platform by TBD.

Positive

• Block's diverse offerings through Square, Cash App, TIDAL, and Spiral enhance its market reach.
• The focus on open-source Bitcoin projects positions Block as a leader in cryptocurrency accessibility.

Negative

• The press release does not provide specific financial metrics or detailed performance insights.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)-- Block, Inc. (NYSE: SQ) has posted its results for the second quarter of 2022 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.

Block will host a conference call and earnings webcast at 2:00 p.m. Pacific time/5:00 p.m. Eastern time today to discuss these financial results. To register to participate in the conference call, please visit the Events & Presentations section of Block’s Investor Relations website at investors.block.xyz.

About Block

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005947/en/

Media Contact

press@block.xyz

Investor Relations Contact

ir@block.xyz

Source: Block, Inc.

FAQ

What are the recent financial results for Block, Inc. (NYSE: SQ)?

Block, Inc. released its second-quarter financial results on August 4, 2022.

When will Block, Inc. host its earnings call?

Block, Inc. will host its earnings call at 2:00 p.m. Pacific Time on August 4, 2022.

Where can I find Block, Inc.'s financial results?

The financial results for Block, Inc. can be found on their Investor Relations website at investors.block.xyz.

What services does Block, Inc. provide?

Block, Inc. provides financial services through Square, Cash App, Spiral, TIDAL, and TBD, focusing on economic access.