Mastercard Q4 earnings beat expectations, total transaction volume grows by 7%
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Glonghui, January 29|Mastercard announced its fourth-quarter results: revenue increased by 17.6% year-on-year to $8.81 billion, surpassing analysts’ expectations of $8.77 billion; net profit rose by 21.6% year-on-year to $4.06 billion, and adjusted earnings per share were $4.76, also exceeding analysts’ expectations of $4.24. During the period, continued consumer spending drove a 7% increase in total transaction volume.
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