Block's Q4 Revenue Misses Expectations
This is a news story, published by CNBC, that relates primarily to Toast news.
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gross profitCNBC
•Business
Business & Economics
Block shares fall on profit, revenue miss

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.
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