Visa's revenues up 10% to $9.5B in Q1 - Breaking The News

Visa's revenues up 10% to $9.5B in Q1

30 January

1 min read

EPA/JOERG CARSTENSEN

Visa Inc. said on Thursday its revenue in the first quarter of fiscal 2025 amounted to $9.5 billion, rising 10% compared to the same quarter a year earlier and slightly topping estimates. GAAP net income improved 5% year on year to reach $5.1 billion and GAAP earnings per share jumped 8% to $2.58. Adjusted net income climbed 11% to $5.5 billion, or $2.75 per share.

"Visa's strong first-quarter results reflected healthy spending during the holiday season and improving trends in payments volume, cross-border volume, and processed transactions growth," CEO Ryan McInerney stated. "As we continue through 2025, we remain focused on serving our clients and innovating across our three growth levers – consumer payments, new flows and value-added services."

Visa's shares added 1.44% in after-hours trading following the release of the report.

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