Categories AlphaGraphs, Earnings, Finance

MA Earnings: Key quarterly highlights from Mastercard’s Q3 2023 financial results

Mastercard Incorporated (NYSE: MA) reported third quarter 2023 earnings results today.

Net revenue increased 14% year-over-year to $6.5 billion. Currency-neutral revenue growth was 11%.

Net income increased 28% to $3.2 billion and EPS rose 31% to $3.39. Adjusted EPS grew 26% to $3.39.

Earnings beat expectations while revenues came in line with estimates.

As of September 30, 2023, the company’s customers had issued 3.3 billion Mastercard and Maestro-branded cards.

The stock dropped over 2% in premarket hours on Thursday.

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

After a positive year, what’s in the cards for Electronic Arts (EA) in FY25

Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings

A look at how Disney’s (DIS) entertainment business performed in Q2 2024

Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of

Uber Technologies reports wider loss for Q1 2024; revenue up 15%

Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported a wider net loss for the first quarter of 2024. Revenues of the ride-sharing giant increased 15% during the three months. Net

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top