
Visa Inc. (V), a global payment technology company, reported solid second-quarter financial results on April 23, 2024. The company reported a quarterly net revenue of $8.77 billion, indicating an increase of 9.9% from the prior year’s quarter.
Moreover, revenue from the Data processing revenue segment rose 12% year-over-year to $4.26 billion and revenue from International transaction was up 9% year-over-year. Also, the company posted non-GAAP EPS of $2.29, up 12% from the year-ago value.