MasterCard Incorporated Reports Second-Quarter 2015 Financial Results
Second-quarter net income of $965 million, excluding a special item, or $0.85 per diluted share Second-quarter net income of $921 million, including a special item, or $0.81 per diluted share Second-quarter net revenue increase of 1%, to $2.4 billion Second-quarter gross dollar volume up 13% and purchase volume up 12% MasterCard Incorporated (NYSE:MA) today announced financial results for the second quarter of 2015. Excluding a special item, the company reported net income of $965 million , up 4%, or 12% after adjusting for currency, and earnings per diluted share of $0.85 , up 6% or 15% adjusted for currency, versus the year-ago period. Including the special item, a $44 million after-tax charge related to a U.K. merchant litigation settlement, the company reported net income of $921 million , a decrease of 1%, or an increase of 7% after adjusting for currency, and earnings per diluted share of $0.81 , up 1%, or 9% adjusted for currency, versus the year-ago period. The net income and...
July 29, 2015
MasterCard Incorporated to Host Conference Call on Second-Quarter 2015 Financial Results
On Wednesday, July 29, 2015 , MasterCard Incorporated (NYSE:MA) will release its second-quarter financial results. The company will host a conference call to discuss these results at 9:00 a.m. Eastern Time . The dial-in information for this call is 866-393-4306 (within the U.S.) and 734-385-2616 (outside the U.S.), and the passcode is 66650115. A replay of the call will be available for 30 days and can be accessed by dialing 855-859-2056 (within the U.S.) and 404-537-3406 (outside the U.S.), and using passcode 66650115. This call can also be accessed through the Investor Relations section of the company’s website at www.mastercard.com/investor . About MasterCard Incorporated MasterCard (NYSE:MA), www.mastercard.com , is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and...
June 29, 2015
MasterCard Announces Annual Meeting Results
Stockholders Re-Elect 13 Directors MasterCard Incorporated (NYSE:MA) announced the results of its annual meeting of stockholders, held yesterday at the company's worldwide headquarters. At the meeting: The full slate of 13 directors was elected for a one-year term, to expire at the next annual meeting of stockholders The compensation for MasterCard's executive officers was approved on an advisory basis MasterCard’s Amended and Restated Senior Executive Annual Incentive Plan was approved The appointment of PricewaterhouseCoopers, LLP as the company's independent registered public accounting firm for 2015 was ratified MasterCard’s Board of Directors also declared a cash dividend of $0.16 per share, payable on August 10, 2015, to holders of record of its Class A common stock and Class B common stock as of July 9, 2015. During the meeting, Ajay Banga , president and CEO of MasterCard , addressed stockholders, noting, “In this continually competitive environment, we are well positioned to...
June 10, 2015
MasterCard to Participate in Upcoming Investor Conference
MasterCard (NYSE:MA) today announced its participation in the following investor conference in the month of June: On Tuesday, June 2, Ajay Banga, president and chief executive officer, will present at the Deutsche Bank Global Financial Services Investor Conference in New York. The discussion will begin at 8:55 a.m. Eastern Time and last for approximately 35 minutes. There will be a listen-only, live webcast of each discussion and replays will be archived for 30 days on the investor relations section of www.mastercard.com/investor . About MasterCard Incorporated MasterCard (NYSE:MA), www.mastercard.com , is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business...
May 20, 2015
MasterCard Incorporated Reports First-Quarter 2015 Financial Results
First-quarter net income of $1.0 billion, or $0.89 per diluted share First-quarter net revenue increase of 3%, to $2.2 billion First-quarter gross dollar volume up 12% and purchase volume up 12% MasterCard Incorporated (NYSE:MA) today announced financial results for the first quarter of 2015. The company reported net income of $1.0 billion , an increase of 17% or 24% adjusted for currency, and earnings per diluted share of $0.89 , up 22% or 29% adjusted for currency, in each case versus the year-ago period. Acquisitions had a $0.02 dilutive impact on earnings per diluted share. Net revenue for the first quarter of 2015 was $2.2 billion, a 3% increase versus the same period in 2014 as-reported and an 8% increase adjusted for currency. Net revenue growth was driven by the impact of the following: An increase in cross-border volumes of 19%; A 12% increase in gross dollar volume, on a local currency basis, to $1.1 trillion ; and An increase in processed transactions of 12%, to 11.0...
April 29, 2015
MasterCard Announces Acquisition of Applied Predictive Technologies
MasterCard today announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price adjustments. Applied Predictive Technologies is a leading cloud-based analytics provider. APT’s Test & Learn® platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing, merchandising, operations and capital initiatives. This acquisition advances MasterCard's agenda to deliver differentiated services to merchants, complementing its recent acquisition of 5One, a London-based retail consulting and analytics firm. As part of the company's services portfolio, Applied Predictive Technologies will now have access to MasterCard's analytics suite, consulting capabilities, marketing services and global footprint that will expand its reach and value. “In today’s competitive business climate, companies need analytics that are easy to use and...
April 27, 2015