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Fintech firm Block saw its shares surge by 19% in after-hours trading following the release of its third-quarter earnings report. The company beat analyst estimates on both revenue and profit, with strong growth in both Cash App and Square revenue. Block also increased its full-year guidance, expecting adjusted EBITDA to range between $1.66 billion and $1.68 billion, and adjusted operating income to be between $205 million and $225 million. The company reported a 24% year-over-year increase in net revenue, and Bitcoin revenue climbed from $1.76 billion to $2.42 billion.

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