<ul><li>Block Inc. saw its shares plummet over 18% in after-hours trading following its fiscal 2025 first quarter results.</li><li>The company reported adjusted earnings of 56 cents per share and revenue of $5.66 billion, both missing analyst expectations.</li><li>Despite some areas of growth like CashApp and Buy Now, Pay Later segment, the total gross profit fell short of analyst forecasts.</li><li>Block warned of macroeconomic headwinds and adjusted its guidance for the year, expecting higher gross profit growth in the second half.</li></ul>

Block shares tumble after earnings and revenue miss and lowered guidance

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