Visa profit jumps on strong holiday spending
ReutersJan 30, 2025 9:09 PM
Jan 30 (Reuters) - Visa V.N reported a higher first-quarter profit on Thursday as the world's largest payment processor's customers splurged on everything from travel to dining out during the holiday season.
The San Francisco, California-based company posted an adjusted profit of $5.5 billion, or $2.75 per share, in the three months ended Dec. 31. That compares with $4.9 billion, or $2.41 per share, a year earlier.
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