Visa has posted total operating revenues of $2.03bn for the third quarter of fiscal 2010 ended June 30, 2010, compared to $1.64bn reported for the same quarter of fiscal 2009.
The company has posted a net income of $716m, or $0.97 per diluted class A common share, for the third quarter of fiscal 2010, compared to $729m, or $0.96 per diluted class A common share, posted for the same quarter of fiscal 2009.
Total operating revenues for the nine months period ended June 30, 2010 were $5.95bn compared to $5.03bn for the same period of fiscal 2009.
For the first nine months of fiscal 2010, the company has posted a net income of $2.19bn, or $2.96 per diluted class A common share, compared to $1.84bn, or $2.41 per diluted class A common share, for the same period of fiscal 2009.
Joseph Saunders, chairman and CEO of Visa, said: “Visa delivered a solid financial performance during our fiscal third quarter as we saw continued improvements in global cross border and payments volume growth. As we look to the remainder of our fiscal 2010 year, we remain focused on integrating our recent acquisition of CyberSource, maintaining strong financial performance and expense control discipline.”