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Non-Tech : Mastercard

MA 551.51

-0.3%

Nov 7 9:30 AM EST

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From: JakeStraw	1/30/2015 8:40:37 AM
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MasterCard Incorporated Reports Fourth-Quarter and Full-Year 2014 Financial Results finance.yahoo.com Fourth-quarter net income of $801 million, or $0.69 per diluted share Fourth-quarter net revenue increase of 14%, to $2.4 billion Fourth-quarter gross dollar volume up 13% and purchase volume up 12% “Despite a mixed global economy, we delivered solid results for the quarter and for the full year in 2014,” said Ajay Banga, president and CEO, MasterCard. “This year is off to a good start with several new wins, as well as renewals of some important customer agreements, with more in the pipeline. Looking ahead, we will continue to be at the forefront of our industry by driving payment innovation with solutions such as MasterPass, and by increasing electronic payments usage globally as demonstrated by our significant expanded acceptance footprint across Africa.

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