Visa Q1 fiscal 2024 revenue up 9% to $8.6B; GAAP EPS $2.39, non-GAAP $2.41

VISA INC.

GAAP net income $4.9B ($2.39 EPS); non-GAAP net income $4.9B ($2.41 EPS).
Net revenues of $8.6B, up 9% YoY on a nominal and constant-dollar basis.
Payments volume growth stable; cross-border volume growth remained strong.
Share repurchases and dividends totaled $4.4B in the quarter.
Board declared $0.52/share quarterly dividend, payable March 1, 2024, record Feb 9, 2024.

item 2.02 item 8.01 item 9.01

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 first quarter ended December 31, 2023 results: revenue $8.6B, net income $4.9B, EPS $2.39.

Period: fiscal first quarter ended December 31, 2023
Revenue: $8.6B
Net income: $4.9B
EPS: $2.39
Result: reported results

Exact text from the filing

San Francisco, CA, January 25, 2024 – Visa Inc. (NYSE: V) • GAAP net income of $4.9B or $2.39 per share and non-GAAP net income of $4.9B or $2.41 per share • Net revenues of $8.6B, an increase of 9% on a nominal and constant-dollar basis • Payments volume growth and processed transaction growth were relatively stable and cross-border volume growth

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Source: SEC EDGAR

accession 0001403161-24-000013

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