(RTTNews) - Visa Inc. (V) released a profit for its fourth quarter that increased from last year
The company's bottom line came in at $5.318 billion, or $2.65 per share. This compares with $4.681 billion, or $2.27 per share, in last year's fourth quarter.
Excluding items, Visa Inc. reported adjusted earnings of $5.425 billion or $2.71 per share for the period.
The company's revenue for the quarter rose 11.7% to $9.617 billion from $8.609 billion last year.
Visa Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $5.318 Bln. vs. $4.681 Bln. last year. -EPS (Q4): $2.65 vs. $2.27 last year. -Revenue (Q4): $9.617 Bln vs. $8.609 Bln last year.
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