Visa filed for its IPO after the close. The S-1 is here.
For the nine months ending June 30, 2007, revenue for Visa was $3.727 billion compared with $3.908 billion in the year before. Due to a share decrease in expenses, oprerating income rose to $1.243 billion from $704 million in the previous period. Operating income as a percent of revenue rose to 33.4% from 18%.
Douglas A. McIntyre
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
