IMGCAP(1)]
Visa Inc. reported a 72.7% increase in fiscal third-quarter net income, to $729 million, from the year earlier, or 97 cents per class A share.
The dollar volume of U.S. transactions carried on the San Francisco payments company's network fell 4.1% from the year before, to $468 billion, during the fiscal second quarter, which ended in March, but the number of transactions grew 5.7%, to 8.2 billion.
The quarter included a $237 million gain on the sale of shares in a Brazilian payments company.
The average of analysts' estimates for earnings per share in the period was 64 cents.
The dollar volume of U.S. transactions carried on the San Francisco payments company's network fell 4.1% from the year before, to $468 billion, during the fiscal second quarter, which ended in March, but the number of transactions grew 5.7%, to 8.2 billion.
The quarter included a $237 million gain on the sale of shares in a Brazilian payments company.
The average of analysts' estimates for earnings per share in the period was 64 cents.
