Block: Building Momentum
SQBLOCK(SQ) Seeking Alpha·2024-04-24 21:30

PM Images Introduction We’ve done a lot recently to reduce our costs. Now we’re going to focus on growth. (Block FY2023 Q4 Shareholder Letter) That pretty much sums up Block's (NYSE:SQ) Q4 earnings results — Block has restructured its organization in such a way that it is well-positioned to drive profitable growth for years to come. Furthermore, management issued strong 2024 guidance, which sent the stock higher following earnings. However, the stock has withered over the past few months as the broader mark ...