MasterCard sees FY25 revenue up low-teens range

Sees FY25 operating expense growth to be at the low end of a low double digits range on a currency neutral basis, excluding acquisitions and special items. Sees Q3 operating expense growth at the low end of a low double digits range on a currency neutral basis, excluding acquisitions and special items. Sees Q3 and FY25 tax rate 20%-21%. Says expects net revenues to grow at the low teens range on a currency neutral basis, excluding acquisitions. Says consumer spending remains healthy. Says while macro uncertainty remains due to government actions and geopolitical tensions, overall, remain positive about growth outlook as the fundamentals that support consumer spending have been strong. Comments and guidance taken from Q2 earnings conference call.