Visa Q2 FY2023 GAAP EPS $2.03 (+20% YoY), revenue $8.0B (+11%); cross-border volume up 32% ex-Europe

VISA INC.

GAAP net income $4.3B ($2.03 EPS), up 20% YoY; non-GAAP EPS $2.09, up 17%.
Net revenues $8.0B, up 11% (13% constant dollar); payments volume +10%, processed transactions +12%.
Cross-border volume ex intra-Europe +32% constant dollar; total cross-border +24%.
Board declared $0.45/share quarterly dividend, payable June 1, record May 12.
Repurchased 10M shares for $2.2B; $11.8B remaining authorization.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VISA INC. reported fiscal second quarter ended March 31, 2023 results: revenue $8.0B, net income $4.3B, EPS $2.03 per share.

Period: fiscal second quarter ended March 31, 2023
Revenue: $8.0B
Net income: $4.3B
EPS: $2.03 per share
Result: reported results

Exact text from the filing

Visa Inc. Reports Fiscal Second Quarter 2023 Results San Francisco, CA, April 25, 2023 – Visa Inc. (NYSE: V) • GAAP net income of $4.3B or $2.03 per share and non-GAAP net income of $4.4B or $2.09 per share • Net revenues of $8.0B, an increase of 11% and 13% on a constant-dollar basis

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VISA INC. filing history →

Source: SEC EDGAR

accession 0001403161-23-000027

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