MasterCard quarterly profit rises 23 percent
MasterCard Inc
The company earned $294.4 million, or $2.24 per share, in the fourth quarter ended December 31, up from $239.4 million, or $1.83 per share, a year ago.
Revenue was up 6 percent at $1.30 billion, meeting the average analyst estimate, according to Thomson Reuters I/B/E/S.
MasterCard said it logged an after-tax severance charge that shaved earnings by 19 cents per share.
(Reporting by Jonathan Spicer, editing by Gerald E. McCormick)
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