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On a per common share basis, diluted earnings were $1.83 compared to $1.42 a year earlier. The adjusted figure was $1.81, while the forecast was $1.7 per share. Visa's revenue rose 24% year-over-year to $7.059 billion, compared with a forecast of $6.79 billion.
Visa's operating expenses in the past three months rose 24% to $2.3 billion. Payment volume rose 20% in the past quarter.
Visa is a global payment system that provides cardholders, merchants, financial institutions and governments with access to an electronic payment network.
source: bloomberg.com
Visa's operating expenses in the past three months rose 24% to $2.3 billion. Payment volume rose 20% in the past quarter.
Visa is a global payment system that provides cardholders, merchants, financial institutions and governments with access to an electronic payment network.
source: bloomberg.com
