Mastercard Q3 Gross Dollar Volume +11% Y/Y, Cross-Border Volume +21%, Purchase Volume (Const Currency) +12%
Portfolio Pulse from Benzinga Newsdesk
Mastercard's Q3 2023 results show an increase in gross dollar volume by 11% YoY, cross-border volume by 21%, and purchase volume by 12%. Net revenue increased by 14%, driven by growth in the payment network and value-added services. Payment network net revenue increased by 12%, while value-added services net revenue increased by 17%.
October 26, 2023 | 12:07 pm
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POSITIVE IMPACT
Mastercard's Q3 2023 results show strong growth in gross dollar volume, cross-border volume, and purchase volume. This, along with the increase in net revenue, indicates a positive financial performance.
Mastercard's Q3 2023 results show significant growth in key areas such as gross dollar volume, cross-border volume, and purchase volume. This indicates a strong financial performance, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100