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) thrives on growing AI business. Is the stock a buy?
Broadcom, Inc. (NASDAQ: AVGO), a leading provider of semiconductor solutions for wired and wireless communications, recently impressed the market with upbeat financial outlook highlighting strong prospects for its AI business
After a weak first half, will NIKE (NKE) hit the recovery path this year?
After a prolonged slowdown, NIKE, Inc. (NYSE: NKE) is working on a turnaround plan to regain the brand’s strength. In recent years, the sneaker giant’s overall performance has not been
Lennar (LEN): Even the best-laid plans can go wrong
Shares of Lennar Corporation (NYSE: LEN) stayed green on Monday. The stock has dropped 25% over the past three months. The homebuilder delivered underwhelming results for the fourth quarter of
