Investors appear to like the card giant's embrace of services, which it has paired with an aggressive AI strategy.
Net revenue rose 14% year over year to $7.5 billion, surpassing forecasts. Adjusted operating margin improved slightly to 56.3%. Mastercard exceeded expectations with strong Q4 2024 earnings ...
Mastercard announced today that it will tokenize 30% of its transactions in 2024. The company disclosed this in its US ...
Mastercard expects net revenue growth in the low double digits for the first quarter (versus $7.14 billion consensus estimate) and fiscal 2025 (versus $31.46 billion consensus estimate).
But credit card companies still make money off cardholders, even with all those perks. The main sources of revenue for credit card companies are interest income and interchange income. Credit card ...
Mastercard (NYSE: MA) and Visa (NYSE: V) are incredibly similar payment processing companies with comparable product ...
CFO Mehra noted potential FX volatility as a risk factor influencing yields and revenue growth. Mastercard concluded 2024 with strong financial performance, driven by robust cross-border volume ...
The company posted revenue of $7.49 billion, up from $6.55 billion a year ago. Analysts had expected $7.39 billion. The sales increase was powered by growth in the credit card's payment network ...
Mastercard and Visa failed to stop their payment ... and accused them of “turning a blind eye to flows of illicit revenue.” The complaint was filed in January 2023 with the Treasury’s ...
Mastercard's Q4 2024 saw a notable increase in adjusted EPS to $3.82, surpassing analyst estimates. Net revenue rose to $7.5 billion, marking a year-over-year increase of 14%. This growth was ...
Mastercard Q4 revenue rose 14% to $7.49B, beating estimates, with EPS up 20% to $3.82; stock up 4%. Cross-border volume jumped 20%, CEO highlights payment expansion and cybersecurity acquisition ...
This quarter's performance reflected a strong increase in both revenue and margin metrics, marking a positive close to the fiscal year. Mastercard is a critical player in the financial technology ...