MasterCard reported first quarter revenue rise of 29% to $1.18 billion and earnings surged to $446 million or $3.38 per share. Excluding one-time gains earnings rose to $398 million or $3.01 per share. Gross worldwide dollar volume processed by the card processor rose 15% to $453 billion and in the U.S. 9% to $259 billion. Earnings from Europe, Asia and Latin America contributed to the total earnings. |
More: