Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M  —  Company raises full-year forecast on a profit metric  —  Block Inc. posted a big beat on an adjusted earnings metric for its most recent quarter as it …