Block 4Q24 毛利润低于市场预期,但EBITDA 高于市场预期Block 公布4Q24 业绩:毛利润同比+14%至23.11 亿美元,略高于我们预期,但低于市场一致预期;调整后EBITDA 同比+35%至7.57 亿美元,高于我们及市场一致预期,主因4Q23 低基数及一次性税收利好。发展趋势Cash App 增速有所放缓,支付流水同比下行,但月活和货币化率同比改善。营收角度,4Q24 ...
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