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Visa Inc. reported Q1 earnings beat, but U.S. volumes slowed due to increased debit transactions.
Visa Inc. reported better-than-expected Q1 financial results, with earnings of $2.41 per share and revenue of $8.6 billion.
This growth is attributed to stable growth in overall payments volume and processed transactions, as well as a 16% increase in cross-border volume.
Despite these positive results, Visa's shares were down 2.73% in the after-hours session at $265.25.
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Visa Inc. informó que las ganancias del primer trimestre superaron, pero los volúmenes en Estados Unidos se desaceleraron debido al aumento de las transacciones de débito.