Payments network operator MasterCard Inc (MA.N) reported a 3.8 percent drop in quarterly profit, as operating expenses rose 8.5 percent. Net income fell to $977 million, or 86 cents per share for the third quarter ended Sept. 30, from $1.02 billion, or 87 cents per share, a year earlier. REUTERS
Payments network operator MasterCard Inc (MA.N) reported a 3.8 percent drop in quarterly profit, as operating expenses rose 8.5 percent.
Net income fell to $977 million, or 86 cents per share for the third quarter ended Sept. 30, from $1.02 billion, or 87 cents per share, a year earlier.
REUTERS
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