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Marqeta's Operational Headwinds May Not Be In The Rearview Mirror
MQMarqeta(MQ) Seeking Alpha·2024-11-06 11:57

Marqeta (NASDAQ: MQ ) experienced its most challenging earnings release in Q3’24 as the firm faces heightened regulatory oversight, which has resulted in the delay of 15 of the firm’s programs. Management significantly lowered its eQ4’24 guidance to 10-12% revenueMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Mi ...