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Mar 31, 2024
Mastercard Q1 2024 Earnings Report
Mastercard reported strong revenue and earnings growth driven by healthy consumer spending, strong cross-border volume growth, and new deal wins.
Key Takeaways
Mastercard's Q1 2024 results showed strong growth with a 10% increase in net revenue and a 28% increase in net income. The company's performance was driven by healthy consumer spending and cross-border volume growth.
Net revenue increased by 10%, or 11% on a currency-neutral basis.
Cross-border volume growth of 18% year-over-year.
Net income was $3.0 billion, with diluted earnings per share (EPS) of $3.22.
Adjusted diluted EPS was $3.31.
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.