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

Visa Q4 2022 earnings infographicVisa Q4 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results

Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731

Key takeaways from Visa’s Q3 2024 earnings report

Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in

Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024

Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%

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