Mastercard's net revenue at $5.8B in Q3, up 15% - Breaking The News

Mastercard's net revenue at $5.8B in Q3, up 15%

27 October

1 min read

MASTERCARD

Mastercard Inc. revealed on Thursday that its net revenue in the third fiscal quarter of 2022 reached $5.8 billion after jumping 15% from the same timespan in 2021.

Operating income amounted to $3.1 billion in the third three-month period of 2022, up 14% year over year, while diluted earnings per share increased by 6% to $2.58. Net income advanced 4% to $2.5 billion in the third trimester of 2022.

"Consumer spending remains resilient and cross-border travel continues to recover... We will continue to monitor impacts related to elevated inflation and other macroeconomic and geopolitical risks," CEO Michael Miebach stated in the press release.

Mastercard's shares were 2.48% lower in the premarket in light of the latest financial report.

earnings mastercard

Related Stocks

MasterCard Inc., A

Blackberry's Q4 revenue down 7% to $141.7M

19 hours ago

BlackBerry Ltd. announced on Wednesday that its revenue in the fourth quarter of fiscal 2025 dropped by 7% on an annual basis to reach $141.7 million, exceeding analysts' expectations.The Canadian software company's net loss came in at $7.4 million in the reported quarter, improving by 86.8% year-on-year, while its diluted loss per share amounted to $0.01 in the fourth quarter, compared to $0.10 from the same period in the previous year. For...

GameStop's Q4 sales down 28.5% to $1.28B

25 March

GameStop Corp. revealed on Tuesday that its net sales in the fourth quarter of its fiscal 2024 plunged by 28.5% compared to the same period a year before, to land at $1.28 billion. On the other hand, the company's net income doubled to $131.3 million, while its diluted earnings per share (EPS) stood at $0.29 from the previous year's same quarter's $0.21.In the full fiscal 2024, GameStop's net sales declined by 27.5% to $3.82 billion, while its diluted EPS for the...

China's VP He meets with Apple's Cook

24 March

Chinese Vice Premier and Central Financial and Economic Affairs Commission Office Director He Lifeng met with the heads of various major companies from North America to discuss the trade relations between Beijing and the United States, the Asian country's Commerce Ministry (MOFCOM) said in a statement issued on Monday.He met with the leaders of Pfizer Inc., Brookfield Corporation, Mastercard Inc., Cargill Incorporated, Corning Inc., and Apple Inc., with the...

NIO's Q4 revenue up by 15.2% to $2.7B

21 March

Chinese automobile manufacturer NIO Inc. said on Friday that its revenue jumped 15.2% year on year to reach 19.7 billion yuan (~$2.7 billion) in the fourth quarter of fiscal 2024. The company also reported a net loss of 7.1 billion yuan ($974 million) for the three months, up 32.5% in comparison to the loss reported in the corresponding quarter a year before.The Shanghai-based automaker's sales reached 17.5 billion yuan ($2.4 billion) in the fourth quarter,...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.