(Updates with details of repurchase program in the sixth paragraph.)
Visa (V) reported fiscal Q2 non-GAAP net income late Tuesday of $2.76 per diluted share, up from $2.51 a year earlier.
Analysts polled by FactSet expected $2.68.
Revenue for the quarter ended March 31 was $9.59 billion, up from $8.78 billion a year earlier.
Analysts polled by FactSet expected $9.55 billion.
The credit card and payments company also maintained its quarterly dividend of $0.59 per class A share, payable June 2 to shareholders of record on May 13.
The company's board authorized a new $30 billion repurchase of Class A common shares in April.
Shares of Visa were up 1.8% in recent after-hours activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.