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Sep 30, 2024
Mastercard Q3 2024 Earnings Report
Mastercard's third quarter performance was strong, with revenue growth driven by healthy consumer spending and demand for value-added services.
Key Takeaways
Mastercard reported strong Q3 2024 results, with a 13% increase in net revenue (14% on a currency-neutral basis). This growth was fueled by healthy consumer spending and solid demand for value-added services and solutions. Net income was $3.3 billion, and diluted EPS was $3.53.
Net revenue increased by 13%, or 14% on a currency-neutral basis.
Net income reached $3.3 billion, with a diluted EPS of $3.53.
Adjusted net income was $3.6 billion, and adjusted diluted EPS was $3.89.
Gross dollar volume grew by 10%, and purchase volume increased by 11% on a local currency basis.