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://news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic-608×1024.jpg” alt=”” class=”wp-image-181528″ srcset=”https://news.alphastreet.com/wp-content/uploads/2023/01/Visa-Q1-2023-Earnings-Infographic-608×1024.jpg 608w, https://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