Mastercard (NYSE: MA) reported fiscal second-quarter results on Thursday. The company reported quarterly net revenues of $8.13 billion, up 17% year-over-year and 16% Y/Y on a neutral currency basis, beating the analyst consensus estimate of $7.95 billion.
Adjusted EPS rose 16% Y/Y to $4.15, exceeding the analyst consensus estimate of $4.02.
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Payment network net revenue rose 13% year-over-year (Y/Y), both as reported and on a currency-neutral basis, led by growth in gross dollar volume (+9% Y/Y), cross-border volume (+15% Y/Y), and switched transactions (+10% Y/Y).
Value-added services and …