Shares of Visa Inc. surged 1.9% in after-hours trade Wednesday, after the credit card company reported fiscal second-quarter profit and sales that beat expectations, and raised its growth outlook. Net income for the quarter to March 31 rose to $2.61 billion, or $4.46 a share, from $430 million, or 72 cents a share, in the same period a year ago. Excluding non-recurring items, such as those related to the legal entity reorganization of Visa Europe, adjusted earnings per share came to $1.11, above the FactSet consensus of $1.01. Revenue rose to $5.07 billion from $4.48 billion, beating the FactSet consensus of $4.81 billion, as service, data processing and international transaction revenue all topped expectations. For the full fiscal 2018, the company raised its revenue growth outlook to a low double-digits percentage range from a high single digits percentage range. Visa's stock had rallied 6.3% year to date through Wednesday's regular-session close, while the Dow Jones Industrial Average has lost 2.6%.