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Jun 30, 2022
Mastercard Q2 2022 Earnings Report
Reported strong revenue and earnings growth due to robust consumer spending and increased cross-border volumes.
Key Takeaways
Mastercard reported strong second-quarter results, with a 21% increase in net revenue and a 10% increase in net income. The company's performance was driven by robust consumer spending and a significant increase in cross-border volumes, although increasing inflationary pressures are being closely monitored.
Net revenue increased by 21% to $5.5 billion, or 27% on a currency-neutral basis.
Net income reached $2.3 billion, with diluted earnings per share (EPS) of $2.34.
Adjusted net income was $2.5 billion, and adjusted diluted EPS was $2.56.
Gross dollar volume increased by 14%, and purchase volume increased by 18%, both on a local currency basis.
Mastercard
Mastercard
Forward Guidance
The company did not provide specific financial guidance in this earnings report.