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Digital Marketing Leader Scott Shamberg joins PlusMedia as President
Prnewswire· 2024-02-15 16:00
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 ...
Marqeta Announces New Credit Customer Internet Travel Solutions (ITS), Building Momentum for Key New Product
Businesswire· 2024-02-13 12:00
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's stock is now a buy as it sits in an ‘enviable' spot, BofA says
Market Watch· 2024-02-12 21:44
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 ...
Marqeta Investor Insight: Valuation At 75x EBITDA Unpacked
Seeking Alpha· 2024-01-31 20:34
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 ...
Sunwest Works With Marqeta and Torpago to Launch Corporate Card Platform
PYMNTS· 2024-01-26 17:57
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 ...
Marqeta to Announce Fourth Quarter and Full Year 2023 Results on February 28, 2024
Businesswire· 2024-01-12 12:30
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(MQ) - 2023 Q3 - Earnings Call Presentation
2023-11-08 02:24
| --- | --- | --- | |-----------------------------|-------|-------| | | | | | 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 ...
Marqeta(MQ) - 2023 Q3 - Earnings Call Transcript
2023-11-08 02:24
Marqeta, Inc. (NASDAQ:MQ) Q3 2023 Earnings Conference Call November 7, 2023 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 Tien-Tsin Huang - JPMorgan Timothy Chiodo - UBS Darrin Peller - Wolfe Research Ramsey El-Assal - Barclays Sanjay Sakhrani - KBW Ashwin Shirvaikar - Citi Bryan Keane - Deutsche Bank Chris Kennedy - William Blair Meryl Thomas - Morgan Stanley Op ...
Marqeta(MQ) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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) (State or other jurisdicti ...
Marqeta(MQ) - 2023 Q2 - Earnings Call Transcript
2023-08-09 00:55
Marqeta, Inc. (NASDAQ:MQ) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Stacey Finerman - Vice President of Investor Relations Simon Khalaf - Chief Executive Officer Mike Milotich - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Ramsey El-Assal - Barclays Ashwin Shirvaikar - Citibank Craig Maurer - FT Partners Robert Napoli - William Blair Bryan Keane - Deutsche Bank Julian Broche - Truist Securities Kathy Chen ...