Growth of Visa’s Cross Border Volume is slowing down in 2023 Q1

Visa (NYSE: V) announced its 2023 Q1 financial results on January 26, 2023. According to the announcement, net revenues, operating income and net income were up 12%, 7% and 6%, respectively (GAAP, YoY, 3 months). In addition, payment volume was up 7% (constant dollar basis, YoY, 3 months). Moreover, cross border volume excluding intra-Europe wasContinue reading “Growth of Visa’s Cross Border Volume is slowing down in 2023 Q1”

Visa continued to show Superior Business Performance

Visa (NYSE: V) announced its 2022 Q4 financial results on October 25, 2022. According to the announcement, net revenues, operating income and net income were up 19%, 18% and 10%, respectively (YoY, 3 months, GAAP). In addition, payment volume was up 10% (YoY, 3 months). Moreover, cross-border volume excluding intra-Europe was up 49%. As forContinue reading “Visa continued to show Superior Business Performance”

International Transaction Revenues were Up 51% in 2022 Q3

Visa (NYSE: V) announced its 2022 Q3 financial results on July 26, 2022. According to the announcement, net revenues, operating income and net income were up 19%, up 2% and up 32%, respectively (YoY, GAAP, 3 months). Net cash provided by operating activities was up 15% (YoY, 9 months). However, free cash flow was downContinue reading “International Transaction Revenues were Up 51% in 2022 Q3”

Visa’s Int’l Transaction Revenues was Up 48% in 2022 Q2

Visa (NYSE: V) announced its 2022 Q2 financial results on April 26, 2022. According to the announcement, net revenues, operating income and net income were up 25%, 34% and 21%, respectively (3 months, YoY, GAAP). Thanks to recovery of overseas travel demand, cross border volume was up 38% while cross border volume excluding intra-Europe was upContinue reading “Visa’s Int’l Transaction Revenues was Up 48% in 2022 Q2”

International Transaction Revenues were Up 50% in Visa’s 2022 Q1 Financial Results

Visa (NYSE: V) announced 2022 Q1 financial results on January 27th, 2022. According to the announcement, net revenues, operating income, and net income were up 24%, 24%, and 27%, respectively (GAAP, YoY, 3 months). In addition, EPS was up 29% (GAAP, YoY, 3 months).  Visa’s revenues growth was primarily driven by international transaction revenues. According toContinue reading “International Transaction Revenues were Up 50% in Visa’s 2022 Q1 Financial Results”

Visa’s 2021 Q4 Results showed Strong Recovery in International Transaction Revenue

Visa (NYSE: V) announced its 2021 fiscal full year financial results on October 26, 2021. According to the announcement, net revenues was up 10% (12 months, YoY). In addition, operating income and net income were up 12% and 13%, respectively. Moreover, EPS was up 15%. Looking at the segment revenue of the three months ending SeptemberContinue reading “Visa’s 2021 Q4 Results showed Strong Recovery in International Transaction Revenue”

Visa’s International Transaction Growth is recovering

Visa (NYSE: V) announced its 2021 Q3 financial results on July 27th. According to the announcement, net revenues, operating income and net income were up 27%, 36% and 9%, respectively (YoY, 3 months). Reviewing the results by segments, international transaction revenues grew significantly of up 54%. It was followed by data processing revenues of upContinue reading “Visa’s International Transaction Growth is recovering”

Visa announced 2021 Q2 Earning Results on April 27th

Visa (NYSE: V) announced its 2021 Q2 earning results on April 27th, 2021. According to the announcement, the net revenues, operating income and net income were down 2%, 9% and 2%, respectively (YoY, 3 months). Reviewing the revenues by segments, the service segment providing client support was up 8% (YoY, 3 months). In addition, theContinue reading “Visa announced 2021 Q2 Earning Results on April 27th”

Cross Border Volume is still deteriorated due to COVID-19 Pandemic

Visa (NYSE: V) and Mastercard (NYSE: MA) announced their earning results on January 28th, 2021. According to Visa’s 2021 Q1 earning results, revenue, operating income and net income showed single-digit decline of 6%, 4% and 4%, respectively (3 months, YoY). Meanwhile, Mastercard’s 2020 Q4 results showed revenue, operating income and net income declined 7%, 14%Continue reading “Cross Border Volume is still deteriorated due to COVID-19 Pandemic”

Mastercard and Visa announced Financial Results on October 28th, 2020

Mastercard (NYSE: MA) announced 2020 Q3 earning results on October 28th, 2020. According to the announcement, net revenue, operating income, and net income decreased year-over-year mainly due to the decline in consumer spending caused by COVID-19. The decline in consumer spending has not yet recovered to the level before the pandemic. However, these parameters recoveredContinue reading “Mastercard and Visa announced Financial Results on October 28th, 2020”