Visa Q2 GAAP EPS $2.29, non-GAAP $2.51, revenue $8.8B (+10%), dividend $0.52

VISA INC.

GAAP net income $4.7B, EPS $2.29 (up 12%); non-GAAP net income $5.1B, EPS $2.51 (up 20%).
Net revenue $8.8B, up 10% on a nominal and constant-dollar basis.
Payments volume grew 8%, cross-border volume grew 16% driven by stable consumer spending.
Share repurchases and dividends of $3.8B in the quarter.
Board declared quarterly dividend $0.52/share, payable June 3 to holders of record May 17.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VISA INC. reported fiscal second quarter ended March 31, 2024 results: revenue $8.8B, net income $4.7B, EPS $2.29.

Period: fiscal second quarter ended March 31, 2024
Revenue: $8.8B
Net income: $4.7B
EPS: $2.29
Result: reported results

Exact text from the filing

Results San Francisco, CA, April 23, 2024 – Visa (NYSE: V) • GAAP net income of $4.7B or $2.29 per share and non-GAAP net income of $5.1B or $2.51 per share • Net revenue of $8.8B, an increase of 10% on a nominal and constant-dollar basis • Growth in payments volume, processed transactions and cross-border volume remained relatively stable • Share

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Source: SEC EDGAR

accession 0001403161-24-000027

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