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Marqeta (MQ) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-05-08 00:05
Core Insights - Marqeta reported revenue of $139.07 million for the quarter ended March 2025, marking a year-over-year increase of 17.9% [1] - The earnings per share (EPS) for the same period was -$0.02, an improvement from -$0.07 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $135.91 million by 2.33% [1] - The EPS surprise was 60.00%, compared to the consensus estimate of -$0.05 [1] Financial Performance Metrics - Total Processing Volume (TPV) reached $84.47 billion, slightly above the estimated $84.33 billion [4] - Total platform services revenue was $131.87 million, surpassing the average estimate of $128.37 million, reflecting a year-over-year change of 15.7% [4] - Revenue from other services was $7.21 million, compared to the estimated $7.48 million, but showed a significant year-over-year increase of 80% [4] Stock Performance - Marqeta's shares have returned +4% over the past month, while the Zacks S&P 500 composite increased by +10.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]