Marqeta (MQ) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this transaction processing services provider would post a loss of $0.09 per share when it actually produced a loss of $0.08, delivering a surprise of 11.11%.Over the last four quarters, t ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 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 ...

MARQETA REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS The global modern card issuer reported $67 billion in Total Processing Volume with Net Revenue of $118 million in the first quarter of 2024. OAKLAND, Calif. – May 7, 2024 - Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2024. The Company reported Total Processing Volume (TPV) of $67 billion, representing a year-over-year increase of 33% driven by volume growth acr ...

Card issuing platform Marqeta has launched a partnership with U.K.-based, entrepreneur-focused digital bank OakNorth.The collaboration will see Marqeta offer a commercial card for OakNorth’s business banking clients, with the Marqeta platform giving these customers a better view of the finances, the companies said in a news release Wednesday (April 24).“Traditional banking products aren’t always a fit for the specific needs of small- and medium-sized businesses, lacking the flexibility that they need in piv ...

Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain.The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card, a branded debit card that lets employers easily disburse earned wagers onto the cards.“Over 60% of Americans are living paycheck-to-paycheck and seeking ways to take control of their finances,” the companies said in a news release.“Offering employees quicker access to their hard-earn ...

EschCollection Investment overview I wrote about Marqeta (NASDAQ:MQ) previously with a buy rating as I saw strong secular tailwinds that should support MQ’s long-term growth outlook. I expected the MQ product moat to enable it to continue winning share from legacy providers. I still think MQ is able to drive growth back to >20%, as I expected previously. It is evident that the new GTM strategy is working out well, and growth initiatives are all showing positive traction that supports long-term growth. T ...

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 ...