secwatch.observer — SEC 8-K summary
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Issuer:     Mastercard Inc (MA)
CIK:        0001141391
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001141391-23-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastercard Q2 net income $2.8B, EPS $3.00; revenue up 14% to $6.3B
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- Net revenue $6.3B (+14% reported, +15% currency-neutral); GAAP diluted EPS $3.00, adjusted diluted EPS $2.89.
- Gross dollar volume up 12% on local currency to $2.3T; cross-border volume up 24%; switched transactions up 17%.
- Value-added services revenue up 16% (currency-neutral) driven by cyber, intelligence, consulting and marketing.
- Repurchased 6.5M shares for $2.4B and paid $541M dividends in Q2; $6.4B remaining under buyback programs.
- Adjusted operating margin expanded to 58.6% from 57.9%; effective tax rate impacted by $212M Brazil-related tax charge.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141391/000114139123000129/0001141391-23-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141391/000114139123000129/ma-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001141391-23-000129

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