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Visa Rises After Hours on Q1 Beats

TheMotleyFool

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Consumers might have largely remained home in Visa's (NYSE: V) most recent quarter, but that didn't damage the company's results much.

For Visa's Q2 of fiscal 2021, published after market hours, revenue was $5.7 billion, down from the same quarter last year. Non-GAAP (adjusted) net income fell by the same percentage to hit $3.0 billion, or $1.38 per share. On the other hand -- and quite encouragingly -- total payments volume rose by 5% year over year.

Image source: Getty Images.

Source Fool.com

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