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 ...

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 ...

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 ...

Vectorian Investment Thesis Marqeta, Inc. (NASDAQ:MQ) is not a blemish-free investment. But even considering its pesky detractions, namely its tight reliance on Block, Inc. (SQ), I maintain that there are more positives than negatives to this investment thesis. Essentially, assuming the best-case scenario, this stock is priced at 75x forward EBITDA. That's clearly far from cheaply priced. However, the one thing that is highly bullish about this stock, is that once it gets beyond Q3 2024, there's a path ...

Marqeta, Torpago and Sunwest Bank launched Sunwest’s commercial credit card and expense management solution called Sunwest Visionary Card.The new bank-branded offering is enabled by Torpago’s commercial credit card and spend management solutions, Marqeta’s global card issuing platform and Sunwest’s entrepreneurial business bank, according to a Thursday (Jan. 25) press release.Torpago’s low-code/no-code Powered By platform provides infrastructure that includes loan origination and underwriting, card issuing ...

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2023 financial results on Wednesday, February 28, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the fourth quarter and full year 2023 financial results will be issued after the market closes that same d ...

| --- | --- | --- | |-----------------------------|-------|-------| | | | | | Marqeta Earnings Supplement | | | | November 7, 2023 | | | | | | | | | | | 2 The forward-looking statements in this earnings supplement are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law. Quarterly Total Processing Volume (TPV) Marqeta Earnings Supplement Quarterly Net Revenue Net Revenue (in millions) Marqeta Ear ...