- A 14% increase in gross dollar volume on a local currency basis, to $918 billion;
- An increase in processed transactions of 24%, to 8.7 billion; and
- An increase in cross-border volumes of 14%.
MasterCard Incorporated (NYSE:MA) today announced financial results for the third quarter of 2012. The company reported net income of $772 million, up 8%, and earnings per diluted share of $6.17, up 10%, in each case versus the year-ago period. Net revenue for the third quarter of 2012 was $1.9 billion, a 5% increase versus the same period in 2011. Adjusted for currency, net revenue increased 10% compared to the same period in 2011. Net revenue growth was driven by the impact of the following: