Visa Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents

Visa Inc Q1 2023 Earnings Call Summary

Visa Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents
Visa Inc Q1 2023 Earnings Call Summary
Published Jan 26, 2023
18 pages (10537 words) — Published Jan 26, 2023
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Abstract:

Edited Brief of V.N earnings conference call or presentation 26-Jan-23 10:00pm GMT

  
Brief Excerpt:

...Performance reflects stable domestic volumes and transactions, and continued recovery of cross-border travel. 1. 2. Total payments volume up 7% YoverY, or 135% vs. three years ago. Flat with 4Q22. a. b. Excluding Russia and China, up 12%, or 146% of 2019. c. US payments volume up 9% YoverY, or 144% of 2019. Down 1 point sequentially. i. d. International volume (excluding Russia and China) up 15%, or 147% of 2019. Up 1 point sequentially. i. e. Cross-border volumes (excluding intra-Europe) grew 31% YoverY and 132% vs. three years ago. i. Up 5 points sequentially. ii. Excluding Russia, YoverY growth was higher by 4 points. iii. Travel-related cross-border volumes rose 6 points from 112% of 2019 in 4Q22 to 118%, driven by Asia-Pacific, helped by China lifting restrictions, continued modest improvements inbound into US and SAMEA benefiting from FIFA World Cup. 3. Processed transactions up 10% YoverY, or 139% vs. 2019. Processed 571m transactions a day. a. 4. Net revenues grew 12% YoverY. 5....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Visa Inc
Ticker
V.N
Time
10:00pm GMT
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Thomson StreetEvents. "Visa Inc Q1 2023 Earnings Call Summary" Jan 26, 2023. Alacra Store. May 22, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Visa-Inc-Earnings-Call-B15435202>
  
APA:
Thomson StreetEvents. (2023). Visa Inc Q1 2023 Earnings Call Summary Jan 26, 2023. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Visa-Inc-Earnings-Call-B15435202>
  
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