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Visa reported strong Q3 2024 results with a 10% increase in net revenue to $8.9 billion. GAAP EPS grew by 20% to $2.40, and non-GAAP EPS increased by 12% to $2.42. The company saw stable growth in payments volume, cross-border volume, and processed transactions.
Net revenue increased by 10% to $8.9 billion.
GAAP net income was $4.9 billion, or $2.40 per share.
Non-GAAP net income was $4.9 billion, or $2.42 per share.
Payments volume increased by 7%, cross-border volume grew by 14%, and processed transactions rose by 10%.
The earnings presentation contains the financial outlook for fiscal fourth quarter and fiscal full-year 2024.