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Visa posted a second-quarter profit of $6.02 billion, or $3.14 a share.
Visa's second-quarter revenue rose 17% to $11.23 billion, surpassing analyst expectations.
KEY POINTS
- Visa increased its full-year revenue and earnings-per-share growth outlook to the low teens.
- Payments volume and processed transactions both increased 9%, while cross-border volumes rose 12%.
- Visa's board authorized a new $20 billion share buyback program.
COMPANIES
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