{"id":53602,"date":"2013-05-02T09:41:35","date_gmt":"2013-05-02T09:41:35","guid":{"rendered":"https:\/\/armbanks.am\/2013\/05\/02\/238339\/"},"modified":"2024-12-15T13:04:24","modified_gmt":"2024-12-15T13:04:24","slug":"visas-fiscal-2q-net-income-slips-nearly-2-ap","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/05\/02\/53602\/","title":{"rendered":"Visa&#8217;s fiscal 2Q net income slips nearly 2 % :AP"},"content":{"rendered":"<p><strong>YEREVAN, May 2.\/ARKA\/.<\/strong> Visa Inc. says its net income slipped nearly 2 percent in the first three months of this year from a year earlier, when the company benefited from an adjustment to its income tax provision.<\/p>\n<p>But the payments processing company reported growth in service and data processing revenue, as well as international transactions, Yahoo Finance reported referring to Associated Press.<br \/>\nThe Foster City, Calif., company said its fiscal second-quarter net income totaled $1.27 billion, or $1.92 per share.<\/p>\n<p>That compares with net income of $1.29 billion, or $1.91 per share, in the same period last year.<br \/>\nRevenue grew nearly 15 percent to $2.96 billion from $2.58 billion a year earlier.<br \/>\nAnalysts, on average, forecast earnings of $1.81 per share, on revenue of $2.85 billion, according to FactSet.<\/p>\n<p>Shares rose $2.98, or 2 percent, to $169 in after-hours trading. \u20140-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Visa Inc. says its net income slipped nearly 2 percent in the first three months of this year from a year earlier, when the company benefited from an adjustment to its income tax provision<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[12172,12299,15428,315],"class_list":["post-53602","post","type-post","status-publish","format-standard","category-economy-en","category-news","tag-economy-en","tag-profit","tag-visa-2","tag-315"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - 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