- Visa (NYSE:V) announces it recorded payments volume growth of 10% to $1.3T in FQ3.
- Cross-border volume was up 5% during the quarter.
- Total processed transactions were up 10% to 19.8B.
- Services revenue improved 6% to $1.6B.
- Looking ahead, Visa sees adjusted revenue growth of 7% to 8% for FQ4 and an annual operating margin in the mid 60s.
- Previously: Visa beats by $0.03, misses on revenue (July 21)
- V -1.51% AH to $77.60.