Visa profit jumps on strong holiday spending-February 2024-www.financetom.com

Visa profit jumps on strong holiday spending

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Visa profit jumps on strong holiday spending

Jan 30, 2025 1:32 PM

Jan 30 (Reuters) - Visa reported a higher

first-quarter profit on Thursday as the world's largest payment

processor's customers splurged on everything from travel to

dining out during the holiday season.

The San Francisco, California-based company posted an

adjusted profit of $5.5 billion, or $2.75 per share, in the

three months ended Dec. 31. That compares with $4.9 billion, or

$2.41 per share, a year earlier.

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