Mastercard Q1 2023 Earnings Report
Key Takeaways
Mastercard reported strong revenue and earnings growth in Q1 2023, driven by resilient consumer spending and the recovery of cross-border travel. The company's net revenue increased by 11%, reaching $5.7 billion, while net income was $2.4 billion, and diluted EPS was $2.47.
First quarter net revenue of $5.7 billion, an increase of 11%, or 14% on a currency-neutral basis.
First quarter net income of $2.4 billion, and diluted earnings per share (EPS) of $2.47.
First quarter adjusted net income of $2.7 billion, and adjusted diluted EPS of $2.80.
First quarter gross dollar volume up 15% and purchase volume up 17%, on a local currency basis.
Mastercard
Mastercard
Forward Guidance
This press release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts may be forward-looking statements.