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The third-quarter profit dropped Visa

Sina Finance

YORK Thursday morning news Visa Inc. Wednesday reported third-quarter net profit after the close of last year's 729 million U.S. dollars, earnings of 96 cents a share, down from 716 million U.S. dollars, 97 cents a share. Net revenue rose 23% to 20 billion.

FactSet Research survey of analysts on average had expected it to earn 93 cents per share.

stock rose in after-hours trading 33 cents to 75.51 U.S. dollars, or 0.44%.

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