Visa Inc. Reports Fiscal Second Quarter 2020 Results San Francisco, CA, April 30, 2020 – Visa Inc. (NYSE: V)  GAAP net income of $3.08B or $1.38 per share and non-GAAP net income of $3.10B or $1.39 per share  Net revenues of $5.9B, an increase of 7%  As a result of the COVID-19 outbreak, growth in the underlying business drivers slowed during the quarter, with significant declines in the month of March  Returned $3.9B of capital to shareholders in the form of share repurchases and dividends Q2 2020 Results Alfred F. Kelly, Jr., Chairman and Chief Executive (Ended March 31, 2020) Officer, Visa Inc., commented on the results: “As we find ourselves in unprecedented times, Visa (1) GAAP Non-GAAP is guided by our vision, mission and values. Our in billions, except top focus has been the safety of our employees percentages and YoY YoY per share data USD Change USD Change and we remain extremely driven to deliver for our clients and shareholders. In this past quarter, we Net Revenues $5.9 7% $5.9 7% have renewed several key relationships and formed some exciting new partnerships, all in support of the opportunities that we see in Net Income $3.08 4% $3.10 6% consumer payments, new flows and value added services. Although the road ahead will likely be Earnings Per challenging for a number of quarters, our business $1.38 6% $1.39 9% Share model is resilient and our strategy to enable the (1) Non-GAAP results exclude equity investment gains and losses, amortization of movement of money globally is more relevant acquired intangible assets and non-recurring acquisition-related costs. than ever.” Q2 2020 Key Business Drivers (YoY increase / (decrease), volume in constant dollars) Payments Volume Cross-Border Volume Processed Transactions +5% (2%) +7%


The following information was filed by Visa Inc. (V) on Thursday, April 30, 2020 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.

View differences made from one quarter to another to evaluate Visa Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Visa Inc..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account