Visa Inc. Posts Strong Fiscal Second Quarter 2010 Earnings Results – MarketWatch


[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.

via Visa Inc. Posts Strong Fiscal Second Quarter 2010 Earnings Results – MarketWatch.

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