Visa Notches Another Quarterly Earnings Beat

Visa (NYSE: V) continues to perform well. In its first earnings release of this year, the credit card network exceeded analysts’ estimates for both revenue and profitability. For its fiscal first quarter 2017, which ended on Dec. 31, Visa’s top line rose by a sturdy 25% on a year-over-year basis to $4.46 billion, on the back of payments volume that grew by 39% on a constant-currency basis to $1.8 trillion. …read more

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