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Latest News and Analysis on Visa Inc.
Visa recorded Double-Digit Growth of Net Income in 2023 Q3
Visa (NYSE: V) announced its 2023 Q3 financial results on July 25, 2023. According to the announcement, net revenues were up 12% (YoY, 3 months). In addition, operating income and net income were up 21% and 22%, respectively. In this regard, the Increase of the company’s profits could be attributable to reduction in operating expenses.Continue reading “Visa recorded Double-Digit Growth of Net Income in 2023 Q3”
Visa recorded Double-Digit Growth in 2023 Q2
Visa (NYSE: V) announced its 2023 Q2 financial results on April 25, 2023. According to the announcement, net revenues were up 11% (YoY, 3 months). In addition, operating income and net income were up 11% and 17%, respectively (YoY, 3 months, GAAP). Among revenues, international transaction revenues recorded the highest growth of up 24% (YoY,Continue reading “Visa recorded Double-Digit Growth in 2023 Q2”
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”
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