Visa (V) Tops Q2 EPS by 1c

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Go back to Visa (V) Tops Q2 EPS by 1c

Visa Inc. Reports Fiscal Second Quarter 2015 Net Income of $1.6 billion or $0.63 per Diluted Share

April 30, 2015 4:06 PM EDT

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced financial results for the Companys fiscal second quarter 2015. Net income for the quarter was $1.6 billion. Earnings per share was $0.63 (adjusted for the Companys four-for-one class A common stock split on March 19, 2015), flat over the prior year period and reflective of the one-time favorable tax benefit of $201 million recognized in that period. All references to earnings per share assume fully-diluted class A share count unless otherwise noted.

Net operating revenue in the fiscal second quarter of 2015 was $3.4 billion, an... More