Fiscal Fourth Quarter:
GAAP net income of $2.8B or $1.23 per share and adjusted net income of $2.8B or $1.21 per share
Net operating revenues of $5.4B, an increase of 12%
Fiscal Full-Year:
GAAP net income of $10.3B or $4.42 per share and adjusted net income of $10.7B or $4.61 per share
Net operating revenues of $20.6B, an increase of 12%
Double-digit growth in payments volume, cross-border volume and processed transactions for Q4
and full-year
Returned $2.1B and $9.1B of capital to shareholders in the form of share repurchases and dividends for Q4 and full-year, respectively
The board of directors increased the Company’s quarterly cash dividend by 19% to $0.25 per share
Alfred F. Kelly, Jr., Chief Executive Officer, Visa Inc., commented on the results:
“We closed our fiscal year with strong momentum, delivering robust revenue and earnings growth fueled by double-digit increases in payments volume, cross-border
volume and processed transactions. The major aspects of the Visa Europe integration concluded successfully with the completion
of our platform migration and the shift to commercial client contracts. Aside from the
impact of the stronger dollar, positive business trends remain intact as we enter our new fiscal year.”
https://s1.q4cdn.com/050606653/files/doc_financials/2018/q4/Visa-Inc.-Q4-2018-Financial-Results.pdf