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Benzinga
Benzinga
Business
Anusuya Lahiri

Mastercard Stock Jumps After Strong Q2: Travel Spending, Digital Services Fuel Revenue Beat And Raised Outlook

MA Mastercard Company
Mastercard

Mastercard (NYSE: MA) reported fiscal second-quarter results on Thursday. The company reported quarterly net revenues of $8.13 billion, up 17% year-over-year and 16% Y/Y on a neutral currency basis, beating the analyst consensus estimate of $7.95 billion.

Adjusted EPS rose 16% Y/Y to $4.15, exceeding the analyst consensus estimate of $4.02.

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