Mastercard reported a strong start to 2022 with robust revenue and earnings growth. Cross-border volumes grew significantly, and cross-border travel exceeded 2019 levels for the first time since the pandemic. The company continues to focus on strategic priorities and is seeing traction in various payment solutions.
Net revenue increased by 24%, or 28% on a currency-neutral basis.
Adjusted net revenue increased by 24%, or 27% on a currency-neutral basis.
Cross-border volumes grew 53% versus a year ago on a local currency basis.
Diluted EPS was $2.68, and adjusted diluted EPS was $2.76.
This press release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.