The figure represents a gross profit margin of 27% and was substantially higher than Q2 2023’s $4.4 billion in net revenue.
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Block Comes On Strong in Q2 Despite Challenging Climate
Despite economic headwinds, Jack Dorsey’s Block reported strong Q2 earnings. As such, the fintech giant hauled in a net revenue of more than $5.5 billion in the quarter. So reports Reuters.
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