[Via Visa Inc. corporate press release]
SAN FRANCISCO, April 28, 2010 /PRNewswire via COMTEX/ — Visa Inc. /quotes/comstock/13*!v/quotes/nls/v (V 92.19, -1.42, -1.52%) today announced financial results for the Company’s fiscal second quarter 2010 ended March 31, 2010. GAAP net income for the quarter was $713 million, or $0.96 per diluted class A common share. The weighted average number of diluted class A common shares outstanding was 742 million.
GAAP net operating revenue in the fiscal second quarter of 2010 was $2.0 billion, an increase of 19% over the prior year and driven by strong contributions across all revenue categories, in particular data processing and international transaction revenues.
[Follow WayTooHigh.com on Twitter – http://www.Twitter.com/WayTooHigh]