$Block(SQ)$ It used to be that the non-GAAP financials were the focus of investors, as those reflect future earnings where the options were used to build out the business and are less likely to be reoccurring. So the non-GAAP net income of $0.85/share is before the expenses like awarded stock options, or one-time expenses like the severance fees for laying off employees. Based on 4 quarters, that would be $3.40/share, making a stock price well over 100 reasonable given a PE of 30 seems low. No doubt the new banking paradigm using crypto is here to stay, and owning the customers with Square and Cash App makes me sleep well while I grow my retirement with investments like Block.
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