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Visa Inc. (V) SEC Filing 10-Q Quarterly report for the period ending Saturday, June 30, 2018

Visa Inc.

CIK: 1403161 Ticker: V
Exhibit 99.1 Visa Inc. Reports Fiscal Third Quarter 2018 Results San Francisco, CA, July 25, 2018 – Visa Inc. (NYSE: V)  GAAP Net Income of $2.3B or $1.00 per share and adjusted net income of $2.8B or $1.20 per share  Net Operating Revenues of $5.2B, an increase of 15%  Double-digit growth in payments volume, cross-border volume and processed transactions  Returned $2.2B of capital to shareholders in the form of share repurchases and dividends Q3 2018 Results (Ending June 30, 2018) Alfred F. Kelly, Jr. , Chief Executive Officer, Visa Inc., YoY USD commented on the results: in billions, except percentages and per share data Change “Our third quarter results reflect continued strength Net Operating Revenues $5.2 15% across all of our key business drivers and healthy economic fundamentals across the world. During the GAAP Net Income $2.3 13% quarter, we made notable progress against our key strategic initiatives, particularly new Visa Direct and Adjusted Net Income(1) $2.8 36% B2B partnerships. This progress furthers our confidence in the long-term investments we are making to drive profitable, sustainable growth in the GAAP Earnings Per Share $1.00 16% rapidly changing payments environment.” Adjusted Earnings Per Share(1) $1.20 39% (1) Adjusted Net Income and Adjusted Earnings Per Share excludes a special item in the current quarter. Q3 2018 Key Business Drivers (YoY growth, volume in constant dollars) Payments volume Cross-border volume Processed transactions +11% +10% +12%


The following information was filed by Visa Inc. (V) on Wednesday, July 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Operations
Accrued Litigation For Both Covered And Non-Covered Litigation (Detail)
Assets And Liabilities Measured At Fair Value On A Recurring Basis (Details)
Basic And Diluted Earnings Per Share (Detail)
Basic And Diluted Earnings Per Share - Additional Information (Detail)
Collateral (Detail)
Components Of Net Periodic Benefit Cost (Detail)
Debt
Debt (Tables)
Debt - Debt (Details)
Debt - Narrative (Details)
Earnings Per Share
Earnings Per Share (Tables)
Fair Value Measurements And Investments
Fair Value Measurements And Investments (Tables)
Fair Value Measurements And Investments - Additional Information (Detail)
Fair Value Measurements And Investments Fair Value Measurements And Investments - Fair Value Of Debt (Details)
Income Taxes
Income Taxes - Additional Information (Detail)
Legal Matters
Legal Matters (Tables)
Pension And Other Postretirement Benefits
Pension And Other Postretirement Benefits Pension And Other Postretirement Benefits (Tables)
Settlement Guarantee Management
Settlement Guarantee Management (Tables)
Settlement Guarantee Management Settlement Guarantee Management - Additional Information (Details)
Share-Based Compensation
Share-Based Compensation (Tables)
Share-Based Compensation - Awards Granted To Company Employees And Non-Employee Directors Under The 2007 Equity Incentive Compensation Plan (Detail)
Stockholders' Equity
Stockholders' Equity (Tables)
Stockholders' Equity - Additional Information (Detail)
Stockholders' Equity - Number Of Shares Of Class A Common Shares Outstanding On An As-Converted Basis (Detail)
Stockholders' Equity - Share Repurchases In The Open Market (Detail)
Stockholders' Equity Effect Of Escrow Funding On The Company Repurchasing Its Common Stock (Details)
Stockholders' Equity Effect Of Ve Territory Covered Losses Recovery On The Company Repurchasing Its Common Stock (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Details)
Summary Of Significant Accounting Policies (Policies)
U.S. And Europe Retrospective Responsibility Plans
U.S. And Europe Retrospective Responsibility Plans (Details)
U.S. And Europe Retrospective Responsibility Plans (Tables)
U.S. And Europe Retrospective Responsibility Plans - Preferred Stock (Details)
U.S. And Europe Retrospective Responsibility Plans - Preferred Stock Rollforward (Details)
Ticker: V
CIK: 1403161
Form Type: 10-Q Quarterly Report
Accession Number: 0001403161-18-000034
Submitted to the SEC: Fri Jul 27 2018 4:06:49 PM EST
Accepted by the SEC: Fri Jul 27 2018
Period: Saturday, June 30, 2018
Industry: Business Services

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