share_log

Visa | 10-Q: Q3 2024 Earnings Report

Visa | 10-Q: Q3 2024 Earnings Report

Visa | 10-Q:2024财年三季报
美股SEC公告 ·  2024/07/25 00:03

Moomoo AI 已提取核心信息

Visa delivered robust financial performance in Q3 2024, with net revenue increasing 10% to $8.9 billion and net income rising 17% to $4.9 billion, driven by strong growth in cross-border volume, processed transactions and payments volume. Processed transactions grew 10% to 59.3 billion, while nominal payments volume increased 7% to $3.2 trillion.The company continued to invest in future growth initiatives, with personnel expenses up 6% reflecting increased headcount and acquisitions. Notable developments included the $929 million acquisition of Pismo Holdings in January 2024 and the completion of a class B-1 common stock exchange offer in May 2024, where 241 million shares were exchanged for class B-2 and class C common stock.During the quarter, Visa repurchased 17 million shares for $4.8 billion and declared a quarterly dividend of $0.52 per share. The company maintained strong liquidity with $12.9 billion in cash and cash equivalents, while operating cash flow reached $13.3 billion for the nine months ended June 2024. Management expressed confidence in meeting projected liquidity needs for more than the next 12 months.
Visa delivered robust financial performance in Q3 2024, with net revenue increasing 10% to $8.9 billion and net income rising 17% to $4.9 billion, driven by strong growth in cross-border volume, processed transactions and payments volume. Processed transactions grew 10% to 59.3 billion, while nominal payments volume increased 7% to $3.2 trillion.The company continued to invest in future growth initiatives, with personnel expenses up 6% reflecting increased headcount and acquisitions. Notable developments included the $929 million acquisition of Pismo Holdings in January 2024 and the completion of a class B-1 common stock exchange offer in May 2024, where 241 million shares were exchanged for class B-2 and class C common stock.During the quarter, Visa repurchased 17 million shares for $4.8 billion and declared a quarterly dividend of $0.52 per share. The company maintained strong liquidity with $12.9 billion in cash and cash equivalents, while operating cash flow reached $13.3 billion for the nine months ended June 2024. Management expressed confidence in meeting projected liquidity needs for more than the next 12 months.
Visa在2024年第三季度实现了强劲的财务表现,净营业收入增长10%至89亿,净利润增长17%至49亿,这主要得益于跨境成交量、处理交易和支付成交量的强劲增长。处理交易量增长10%至593亿,而名义支付成交量则增长7%至3.2万亿。公司继续投资于未来增长计划,人事费用增加6%,反映出员工人数的增加和收购。值得注意的发展包括在2024年1月以92900万收购Pismo Holdings,以及2024年5月完成的一项b-1普通股交易所提议,其中24100万股被交换为b-2类别和C类普通股。在这一季度,Visa回购了1700万股,花费了48亿,并宣告每股季度股息为0.52美元。公司保持强劲的流动性,现金及现金等价物为129亿,而截至2024年6月的九个月内,经营现金流达到了133亿。管理层表现出对满足未来超过12个月流动性需求的信恳智能。
Visa在2024年第三季度实现了强劲的财务表现,净营业收入增长10%至89亿,净利润增长17%至49亿,这主要得益于跨境成交量、处理交易和支付成交量的强劲增长。处理交易量增长10%至593亿,而名义支付成交量则增长7%至3.2万亿。公司继续投资于未来增长计划,人事费用增加6%,反映出员工人数的增加和收购。值得注意的发展包括在2024年1月以92900万收购Pismo Holdings,以及2024年5月完成的一项b-1普通股交易所提议,其中24100万股被交换为b-2类别和C类普通股。在这一季度,Visa回购了1700万股,花费了48亿,并宣告每股季度股息为0.52美元。公司保持强劲的流动性,现金及现金等价物为129亿,而截至2024年6月的九个月内,经营现金流达到了133亿。管理层表现出对满足未来超过12个月流动性需求的信恳智能。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息