March 2, 2020 / 9:34 PM / a month ago

Visa flags hit to second-quarter revenue due to coronavirus outbreak

March 2 (Reuters) - Visa Inc said on Monday it expects its second-quarter revenue growth to be 2.5-3.5 percentage points lower than its previous forecast, due to the coronavirus outbreak.

On its first-quarter earnings call in January, Visa had said it expects second-quarter net revenue growth to be in the low double digits, compared with the first quarter. (Reporting by Bharath Manjesh in Bengaluru; Editing by Krishna Chandra Eluri)

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