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10/22, 1:04 PM (Source: TeleTrader)
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American Express Q3 revenue soars to $10.9B

The American Express Company said on Friday that its third-quarter revenue annually rose by 25% to reach $10.93 billion, with net income surging 70% to $1.83 billion or diluted earnings per share of $2.27.

"Our strong third-quarter results once again reflect accelerating momentum in our core business and outstanding credit performance, enabled by the strategic decisions we’ve made over the last several years," CEO Stephen Squeri noted in the report.

Breaking the News / ND