Loading...
•
Mar 31, 2024
Visa Q2 2024 Earnings Report
Visa's Q2 2024 financial results were released, demonstrating strong growth in revenue and earnings.
Key Takeaways
Visa reported a strong second quarter with net revenue up 10% to $8.8 billion, GAAP EPS up 12% to $2.29, and non-GAAP EPS up 20% to $2.51. The growth was driven by increases in payments volume, processed transactions, and cross-border volume.
Net revenue increased by 10% year-over-year, reaching $8.8 billion.
GAAP net income was $4.7 billion, or $2.29 per share, a 10% increase.
Non-GAAP net income was $5.1 billion, or $2.51 per share, a 17% increase.
Payments volume grew by 8%, and cross-border volume increased by 16%.
Revenue by Segment
Forward Guidance
The earnings presentation contains the financial outlook for fiscal third quarter and fiscal full-year 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...