Mastercard Non-GAAP EPS of $2.68 beats by $0.10, revenue of $5.8B beats by $140M

• Mastercard press release (NYSE:MA): Q3 Non-GAAP EPS of $2.68 beats by $0.10.
• Revenue of $5.8B (+15.5% Y/Y) beats by $140M.
• Net revenue increased 15%, or 23% on a currency-neutral basis, which includes a 1 percentage point benefit from acquisitions. Primary drivers of the increase were as follows:
• Gross dollar volume growth of 11%, on a local currency basis, to $2.1 trillion.
• Cross-border volume growth of 44% on a local currency basis.
• Switched transactions growth of 9%.
• Shares +1.2% PM.