February 1, 2018 / 9:28 PM / 7 months ago

Visa's first-quarter profit rises 22 pct on higher volumes

Feb 1 (Reuters) - Visa Inc, the world’s largest payments network operator, reported a 22 percent rise in first-quarter profit on Thursday as more people made payments using its network.

Net income rose to $2.52 billion in the quarter ended Dec. 31, from $2.07 billion a year ago. (bit.ly/2rYmYit)

Earnings per Class A share rose to $1.07 from 86 cents a year earlier. (Reporting by Diptendu Lahiri in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below