Block Inc. reported mixed results for its third quarter of 2024, with revenue of $5.98 billion falling short of analysts' expectations of $6.26 billion. The company's earnings per share (EPS) matched forecasts at $0.88. Despite the revenue miss, Block maintained its full-year guidance, projecting gross profit of $8.89 billion and EBITDA of $3.0 billion. Following the announcement, Block's shares experienced a decline of approximately 10% in after-hours trading. Meanwhile, Fortinet Inc. reported a strong performance for the third quarter, achieving an EPS of $0.63, exceeding expectations of $0.52, and revenue of $1.51 billion, which was $28 million above estimates. However, Fortinet's stock fell by 8% after the earnings release due to concerns over its billings guidance. The cybersecurity firm noted growth in its firewall business, reversing a trend of decline in this segment. Overall, these earnings reports reflect a mixed sentiment in the tech sector as companies navigate challenging market conditions.