Mastercard Fourth Quarter Earnings Call
3rd February 2008 00:00 AM |
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| Income rose by 640% to $304 million or $2.26 a share due to a growth in revenues and gains from additional sales of investments in Redecard. |
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| The payment solutions provider reported a 28% growth in revenue to $1.1 billion, from $839 million in 2006, driven by strong growth in gross dollar volume and process transactions. In addition, the firm continues to benefit from the worldwide demand for electronic payments, solid performance in high-growth regions such as South Asia/Middle East/Africa and Latin America, as well as strong growth in processed transactions and cross-border travel volumes. |
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MasterCard Third Quarter Earnings Call
2nd November 2007 00:00 AM |
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| Revenues rose 20% to $1.1 billion following an increase in gross dollar volume and number of processed transactions. |
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| The payment solutions provider realised a 63% surge in income to $314 million or $2.31 a share, from $193 million or $1.42 a share in 2006 as it benefited from disposal of a stake in Redecard and robust revenue growth. The firm repurchased 2 million shares of Class A common stock at a cost of $277 million, as the board authorized a further incremental $750 million. The company continued to benefit from positive secular trends and outstanding growth in international and emerging markets. |
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MasterCard Second Quarter Earnings Call
6th August 2007 00:00 AM |
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| Net income was up 93% to $1.43 per share due to strong revenue growth and favourable resolution of the World Cup sponsorship deal. |
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| The card franchise’s profit growth was primarily fueled by an increase in cardholder spending abroad. Revenue climbed 18% to $997 million and 2% of revenue growth was due to the weakening dollar. The second quarter marked the 13th quarter in a row of double-digit growth in gross dollar volume for Mastercard. GDV added 16% to $555 billion, while U.S. volume rose 9.8% to $255 billion. Total operating expenses increased 3.2% to $725 million on personnel and legal costs. |
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MasterCard First Quarter Earnings Call
4th May 2007 00:00 AM |
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| The net income of $215 million or $1.57 per share was the highest quarterly net income ever recorded by MasterCard. |
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| The leading payment solutions firm reported revenue of $915 million, up 23.9% over last year due to the currency fluctuation of the euro relative to US dollar and the restructuring of pricing, mainly on cross border transactions. During the quarter, gross dollar volume grew 19.1% to $509 billion. In its PayPass initiative, MasterCard currently has over 14 million cards and devices, which can be used at over 51,000 merchant locations worldwide. |
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