Friday, February 18, 2011
Profit attributable to Visa was $884 million, up 16 percent from $763 million for the same period of 2009.
At MasterCard Worldwide, revenue rose 10.7 percent year over year to $1.4 billion for its fourth quarter. Profit attributable to MasterCard skyrocketed 41.2 percent, to $415 million, from $294 million a year earlier. That lifted earnings to $3.16 a share, from $2.24 a share in the prior year's quarter. Income was higher due in part to a lower tax rate for the quarter.
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