New Deals and Digital Expansion Drive Mastercard's Q2 Revenue Surge
Mastercard(MA) PYMNTS.com·2024-08-01 01:07
Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its earnings call Wednesday (July 31).“The macroeconomic environment remains mixed, and we continue to monitor the positives and negatives,” Mastercard CEO Michael Miebach told the company’s earnings call audience. “Strength in consumer spending continues to be supported by a solid labor market and wage growth. While there are some signs of labor market ...