Categories AlphaGraphs, Earnings, Finance
V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results
Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today.
Net revenues grew 12% year-over-year to $7.9 billion.
<img loading=”lazy” width=”608″ height=”1024″ src=”https://cdn.news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic-608×1024.jpg” alt=”” class=”wp-image-181528″ srcset=”https://cdn.news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic-608×1024.jpg 608w, https://cdn.news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic-178×300.jpg 178w, https://cdn.news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic.jpg 760w” sizes=”(max-width: 608px) 100vw, 608px” pagespeed_url_hash=”2732684591″/>GAAP net income rose 6% to $4.2 billion while EPS grew 8% to $1.99. Adjusted EPS increased 21% to $2.18.
Cash, cash equivalents and investment securities were $18.9 billion at December 31, 2022.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed
