Fiscal First Quarter 2022 Financial Results
Fiscal First Quarter 2022 Results
YOY Increase/ (Decrease)
GAAP Nominal-Dollar Basis
Non-GAAP Nominal-Dollar Basis(1)
Foreign Currency Impact
Acquisition Impact
Adjusted Constant-Dollar Basis (2)
(1)
Net
Revenues
VISA
24%
Fiscal First Quarter 2022 Financial Results
~1%
~0%
25%
Note: Refer to Non-GAAP and Adjusted Constant-Dollar Results Footnote for further information.
Client Incentives
as a % of
Gross Revenues
25.1%
0.1%
25.2%
Operating
Expenses
24%
16%
~0%
~0%
16%
Effective Income
Tax Rate
19.1%
19.3%
0%
19.3%
Diluted Class A
Common Stock
Earnings Per Share
29%
27%
-1.5%
Non-GAAP results exclude a special item, equity investment gains and losses, amortization of acquired intangible assets for acquisitions in fiscal year 2019
and subsequent periods, non-recurring acquisition-related costs and the related tax impacts.
Adjusted financial results are on a constant-dollar basis and exclude the impact of the non-GAAP items and operating revenues and expenses of the acquired
entities that were not in the entire quarter of the previous year and the incremental interest expense or forgone interest income as a result of funding the
acquisition through debt or cash, respectively.
-0%
29%
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