Block: Booming Momentum On Structural Growth Upside
SQBLOCK(SQ) Seeking Alpha·2024-09-30 00:01

Block's (NYSE: SQ ) commercial momentum is beating expectations: During Q2, the company managed to score a 20% YoY growth in gross profit, and an 81% YoY jump in adjusted EBITDA. Moreover, following strong results, Block raised its FY24 guidance, projecting a 15% YoY increase in gross profit to $8.65 billionExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, C ...