Visa (V) Tops Q3 EPS by 5c, Sales Beat

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Go back to Visa (V) Tops Q3 EPS by 5c, Sales Beat

Visa Inc. Reports Strong Fiscal Third Quarter 2017 Results

July 20, 2017 4:05 PM EDT

Performance Driven by Continued Strength in Payments Volume, Cross-Border Volume and Processed Transactions

SAN FRANCISCO--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced financial results for the Companys fiscal third quarter 2017, ended June 30, 2017.

Fiscal Third Quarter 2017 Key Highlights:

GAAP net income of $2.1 billion or $0.86 per share Net operating revenue of $4.6 billion, an increase of 26%, driven by inclusion of Europe and continued growth in payments volume, cross-border volume and processed transactions Payments volume growth, on a constant... More