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!

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