"Performance" Visa's fourth quarter revenue and earnings both exceeded expectations
Visa (V.US) announced that for the fourth fiscal quarter ending September this year, net profit reached USD 5.1 billion, with adjusted earnings per share of USD 2.98, a year-on-year increase of 10%, slightly higher than the market expectation of USD 2.97 per share; revenue grew nearly 12% to USD 10.7 billion, also exceeding market expectations.
The company pointed out that the integration of technologies such as artificial intelligence-driven business, instant fund flows, tokenization, and stablecoins is reshaping the industry landscape, and the group's investment in innovation and product development will lead the business transformation
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