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Block shares fall on profit, revenue miss

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Summary
Nutrition label

81% Informative

Block reported weaker-than-expected revenue and profit for the fourth quarter .

The stock dropped more than 7% in extended trading.

The company faces increased competition from the likes of Toast and Fiserv 's Clover unit.

Block, formerly known as Square , posted $2.31 billion in gross profit.

VR Score

92

Informative language

97

Neutral language

91

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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