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Visa Rises After Hours on Q1 Beats
The payment card giant isn't struggling as badly as other big companies in the later stages of the coronavirus pandemic.
For Visa's Q2 of fiscal 2021, published after market hours, revenue was $5.7 billion, down from the same quarter last year. Non-GAAP (adjusted) net income fell by the same percentage to hit $3.0 billion, or $1.38 per share. On the other hand -- and quite encouragingly -- total payments volume rose by 5% year over year.
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https://www.fool.com/investing/2021/04/2...gn=article
![[Bild: Vd102766563i.png]](https://finviz.com/publish/042821/Vd102766563i.png)
The payment card giant isn't struggling as badly as other big companies in the later stages of the coronavirus pandemic.
For Visa's Q2 of fiscal 2021, published after market hours, revenue was $5.7 billion, down from the same quarter last year. Non-GAAP (adjusted) net income fell by the same percentage to hit $3.0 billion, or $1.38 per share. On the other hand -- and quite encouragingly -- total payments volume rose by 5% year over year.
...
https://www.fool.com/investing/2021/04/2...gn=article
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