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MasterCard Q1 earnings up 70%

02 May 2007  |  1552 views  |  0 Source: MasterCard Incorporated

MasterCard Incorporated (NYSE: MA) today announced financial results for the first-quarter 2007. For the quarter, the company reported net income of $215 million, or $1.57 per share, on a diluted basis, the highest quarterly net income ever recorded by the company.

Net revenues for the quarter were $915 million, a 23.9% increase versus the same period in 2006. Currency fluctuation (driven by the movement of the euro relative to the US dollar) contributed approximately 2.5% of the increase in revenues for the quarter.

Read the full results statement here:» Download the document now 50 kb (Adobe Acrobat Document)

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