Block stock rises on positive Q1 earnings

The Yahoo Finance Live team discusses a jump in Block's stock after reporting a revenue and earnings beat in Q1.

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AKIKO FUJITA: Well, Block's first quarter earnings are out now. The tech company reported a beat on both the top and bottom lines. Revenue coming in at just under $5 billion, topping the $4.5 billion estimate, while an EPS of $0.40 tops the estimate of $0.32. Block currently trading higher in after hours, getting a bit of a pop. The stock now up more than 2%.