OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company. This announcement comes shortly after Marqeta’s Q4 and Full Year 2023 earnings, where it announced that it had exceeded $200 billion in annual TPV only two years after it reached $100 billion, ...

Marqeta (MQ) reported $118.82 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 41.7%. EPS of -$0.08 for the same period compares to -$0.05 a year ago.The reported revenue represents a surprise of +7.66% over the Zacks Consensus Estimate of $110.36 million. With the consensus EPS estimate being -$0.09, the EPS surprise was +11.11%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Marqeta, Inc. (NASDAQ:MQ) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET Company Participants Stacey Finerman - Vice President, Investor Relations Simon Khalaf - Chief Executive Officer Mike Milotich - Chief Financial Officer Conference Call Participants Timothy Chiodo - UBS Ramsey El-Assal - Barclays Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Bryan Keane - Deutsche Bank James Faucette - Morgan Stanley Dan Dolev - Mizuho Craig Maurer - FT Partners Chris Kennedy - William Blair ...

Marqeta (MQ) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this transaction processing services provider would post a loss of $0.10 per share when it actually produced a loss of $0.07, delivering a surprise of 30%.Over the last four quarters, the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 int FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40465 Marqeta, Inc. (Exact name of registrant as specified in its charter) Delaware 27-4306690 (State or o ...

MARQETA REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS The global modern card issuing platform had $62 billion in fourth quarter total processing volume, up 33 percent year- over-year, and generated $119 million in fourth quarter net revenue. Total processing volume (TPV) was $62 billion for the quarter, representing a 33% year-over-year increase, and TPV was $222 billion for the full 2023 fiscal year, an annual increase of 34%. Marqeta's Q4 earnings are the Company's second full quarter of fin ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Marqeta (MQ) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 28, 2024, might help the stock move higher if these key numbers are better than expecta ...

DANBURY, Conn., Feb. 15, 2024 /PRNewswire/ -- Scott Shamberg, former global CEO of Publicis performance agency Performics, was introduced today as President of PlusMedia, LLC, a full-service performance marketing company dedicated to helping its clients connect, acquire and retain customers across an integrated, omnichannel customer journey in a continuous effort to drive revenue growth.  Working alongside PlusMedia Founder & CEO, Sherry Scapperotti, Scott will lead the executive team while managing the ove ...

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-sized business market. Business travel in the US is rebounding to pre-pandemic ...

Marqeta Inc. shares powered 5.7% higher Monday as the card-issuing name found a new fan on Wall Street. BofA’s Cassie Chan upgraded the stock to buy from neutral earlier in the day, saying that Marqeta MQ, +5.72% boasts the “enviable combination” of near-term visibility into its financials and emerging opportunities that could help spur 20% growth over the medium term. Chan noted that customers representing 75% of Marqeta’s total payment volume renewed deals between the second quarter of 2022 and the third ...