secwatch.observer — SEC 8-K summary
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Issuer:     Mastercard Inc (MA)
CIK:        0001141391
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001141391-23-000155
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mastercard Q3 net income $3.2B, EPS $3.39; revenue $6.5B up 14% YoY
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- Net revenue $6.5B (+14% reported, +11% currency-neutral); diluted EPS $3.39 vs $2.58 YoY.
- Gross dollar volume +11%, cross-border volume +21%, switched transactions +15% (local currency).
- Operating margin 58.8% vs 54.1% YoY; adjusted operating expenses +10% on higher personnel costs.
- Q3 share repurchases 4.8M shares for $1.9B; dividends $538M; $4.5B remaining under programs.
- Adjusted effective tax rate 15.0% vs 19.4% YoY on foreign tax credit guidance and $115M discrete valuation allowance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141391/000114139123000155/0001141391-23-000155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141391/000114139123000155/ma-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001141391-23-000155

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