fintech / news / / Benzinga
Visa reported gross revenue of around $15.475 billion, up 16% year-on-year.
Visa delivered its largest revenue beat versus Street expectations in four years.
KEY POINTS
- Value-added services (VAS) revenues grew 25%, sustaining premium growth momentum for Visa.
- Visa's $8 billion share repurchase was the highest amount ever for the company.
- U.S. volume growth and organic revenue growth were the fastest in three years for Visa.
COMPANIES
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