Block Inc. Q3 net revenue was $6.11 billion, below expectations

Jinse Finance reported that Block Inc.'s net revenue for the third quarter was $6.11 billions, while analysts expected $6.34 billions; bitcoin revenue for the third quarter was $1.97 billions, with analysts expecting $2.28 billions. The company expects gross profit for the fourth quarter to be $2.76 billions, while analysts expected $2.74 billions.