Key takeawaysMastercard’s second-quarter revenue rose 14 per cent year over year to US$9. 3 billion, exceeding Wall Street’s US$9.
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The credit-card company posted $9.28 billion in revenue and per-share profit of $4.97 in the second quarter
Mastercard giant posts second-quarter earnings that comfortably top expectations, fueled by growth in its payments network.
Mastercard posted a rise in second-quarter profit on Thursday, boosted by robust transaction volumes driven by steady consumer spending. Its net income climbed to $4.4 billion, or $4.97 per share, in the quarter, compared with $3.7 billion, or $4.07 per share, a year earlier. (Reporting by Utkarsh Shetti in Bengaluru; Editing by Shinjini Ganguli)
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