Marqeta (MQ) Reports Q3 Loss, Tops Revenue Estimates

Marqeta (MQ) came out with a quarterly loss of $0.06 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this transaction processing services provider would post earnings of $0.19 per share when it actually produced earnings of $0.23, delivering a surprise of 21.05%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Marqeta, whic ...