Block Inc., the digital payments company run by Jack Dorsey, raised its outlook for a measure of full-year profit after use of its Cash App product jumped in the first three months of the year. 

Gross profit tied to Cash App jumped 49% from a year earlier to $931 million in the first quarter, Block said Thursday in a statement. That topped the $871 million average estimate of 22 analysts compiled by Bloomberg.

The company’s Square business also saw gross profits rise higher than expected, to $770 million.