financetom
Business
financetom
/
Business
/
Update: Visa Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Quarterly Dividend Maintained
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Visa Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Quarterly Dividend Maintained
May 25, 2025 9:19 PM

05:38 PM EDT, 04/29/2025 (MT Newswires) -- (Updates with details of repurchase program in the sixth paragraph.)

Visa (V) reported fiscal Q2 non-GAAP net income late Tuesday of $2.76 per diluted share, up from $2.51 a year earlier.

Analysts polled by FactSet expected $2.68.

Revenue for the quarter ended March 31 was $9.59 billion, up from $8.78 billion a year earlier.

Analysts polled by FactSet expected $9.55 billion.

The credit card and payments company also maintained its quarterly dividend of $0.59 per class A share, payable June 2 to shareholders of record on May 13.

The company's board authorized a new $30 billion repurchase of Class A common shares in April.

Shares of Visa were up 1.8% in recent after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Barrick Gold Settles Mining Assets Dispute With Mali Government for $438 Million
Market Chatter: Barrick Gold Settles Mining Assets Dispute With Mali Government for $438 Million
Feb 19, 2025
02:49 PM EST, 02/19/2025 (MT Newswires) -- Barrick Gold (GOLD) agreed with the Mali government to settle a dispute over its mining assets in the country, Reuters reported Wednesday, citing two people familiar with the developments. The company has signed the deal including payment of 275 billion West African CFA francs, ($438.2 million) to the government, the sources reportedly said....
International consortium wins C$3.9 billion Canada high speed train contract
International consortium wins C$3.9 billion Canada high speed train contract
Feb 19, 2025
OTTAWA (Reuters) - An international consortium including Air Canada, AtkinsRealis Group and France's SNCF has won a C$3.9 billion six-year contract to help develop a high-speed passenger rail network in eastern Canada, Ottawa said on Wednesday. The contract covers the first stage of planning the network, which would span approximately 1,000 km (620 miles) from Quebec City to Toronto and allow...
What's Going On With Occidental Petroleum Stock Wednesday?
What's Going On With Occidental Petroleum Stock Wednesday?
Feb 19, 2025
Occidental Petroleum Corporation ( OXY ) shares are moving higher on Wednesday as oil prices rise following a drone attack on a Russian pipeline, which could weaken supply. The Details: The drone attack, which took place on Monday, targeted the Kropotkinskaya station located in Krasnodar, according to Reuters. The Kropotkinskaya station is the largest pumping station on the pipeline in...
Air New Zealand reports a near 18% drop in half-year profit
Air New Zealand reports a near 18% drop in half-year profit
Feb 19, 2025
(Reuters) - Air New Zealand ( ANZFF ) reported a 17.8% drop in its half-yearly profit on Thursday as it continues to face aircraft availability issues caused by global maintenance delays. The company, however, announced a share buyback of NZ$100 million ($57.05 million) and declared an interim ordinary dividend of 1.25 New Zealand cents per share. New Zealand's flagship carrier...
Copyright 2023-2026 - www.financetom.com All Rights Reserved