Block Beats Q4 Estimates Says Cash Card Has Reached Signficant Scale
All told, Block’s Q4 adjusted net income per share was 27 cents. Total net revenue in Q4 was $4.08 billion, up 29% year-over-year. Excluding bitcoin, total Q4 net revenue was $2.12 billion, up 51% year-over-year. Bitcoin revenue was $1.96 billion in Q4, up 12%. Analysts were expecting earnings of 22 cents per share on revenue of $4.03 billion. For the full year of 2021, adjusted EPS was $1.71. Total 2021 net revenue was $17....