Breaking News
Jul 30, 2025
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Visa Inc. decreased 2.3% to $343.06 despite the payment processing company reporting an increase in revenue and earnings in the June quarter.
Consolidated revenue in the June quarter increased 14% to $10.2 billion from $8.9 billion, net income advanced 8% to $5.3 billion from $4.9 billion, earnings per diluted share rose from $2.29 to $2.40, and operating expenses jumped 35% to $4 billion from $3 billion a year ago.
For the nine-month period, revenue advanced to $29.3 billion from $26.3 billion, net income soared to $15 billion from $14.4 billion, diluted earnings per share edged higher to $7.59 from $7.08, and operating expenses increased 26% to $11.4 billion from $9.1 billion a year ago.
During the third quarter, Visa repurchased 14 million Class A common shares for $4.8 billion at an average price of $349.24, with $29.8 billion remaining in its share repurchase authorization."
The company board declared a quarterly cash dividend of $0.590 per share of Class A common stock, payable on September 2, 2025.
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