Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:
Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours  —  Block shares jumped in extended trading on Thursday after the fintech company increased its forecast for the year.