Mastercard IncMA
▲ PositiveCapitalrelevance
Mastercard's Q2 revenue and earnings beat expectations, with services revenue up 20% and EPS up 22%.
Impact on stocks 2
Digital Finance & Tokenization
Mastercard IncSemiconductors
Mastercard reported second-quarter net revenue rose 14% to $9.3 billion, with value-added services and solutions revenue surging 20% on a reported basis. Net income climbed 19% to $4.4 billion, and diluted earnings per share increased 22% to $4.97. Gross dollar volume grew 8% to $2.9 trillion, cross-border volume jumped 12%, and switched transactions rose 9%. Operating margin expanded 1.5 percentage points to 60.2%. The company repurchased $4.9 billion of stock and paid $771 million in dividends during the quarter, with $7.8 billion remaining under its buyback authorization as of July 27.
Mastercard IncMastercard's Q2 revenue and earnings beat expectations, with services revenue up 20% and EPS up 22%.
