From Nasdaq: 2025-05-03 07:24:00

Visa Inc. (NYSE: V) exceeded Q2 earnings expectations with a 9.3% revenue increase to $9.59 billion. Non-GAAP net income rose 6% to $5.4 billion, driving EPS up 10% to $2.76. Visa also authorized a $30 billion share repurchase program, boosting shareholder value and showcasing its financial health.

The $30 billion share buyback authorization by Visa represents 4.7% of its market capitalization, providing potential EPS growth support. Visa processed 60.7 billion transactions in Q2, with payment volume up 8% and cross-border volume rising 13%. The company continues to focus on its core business growth despite economic uncertainty.

Visa’s strong Q2 performance underscores its financial resilience and operational efficiency. The $30 billion buyback program reflects management’s confidence in future cash generation and shareholder value enhancement. With a focus on innovation and strategic partnerships, Visa remains poised for growth in consumer payments, B2B transactions, and digital currency initiatives. Verizon (NYSE:V) reported a 4.1% increase in revenue for the second quarter, reaching $32.9 billion. The company added 275,000 postpaid wireless subscribers during the quarter, exceeding analyst expectations. Verizon’s net income also rose to $4.7 billion, up from $4.1 billion a year ago. The company’s strong performance was driven by growth in its wireless and broadband segments.



Read more at Nasdaq:: Visa Q2 Earnings Top Forecasts, Adds $30B Buyback Plan