US57142B1044 - Common Stock
MARQETA INC-A
NASDAQ:MQ (11/4/2024, 8:24:29 PM)
Premarket: 3.78 -2.17 (-36.47%)5.95
+0.1 (+1.71%)
Marqeta, Inc. engages in the creation of a digital payment technology. The company is headquartered in Oakland, California and currently employs 771 full-time employees. The company went IPO on 2021-06-09. The firm provides a single, global, cloud-based, open application programming interface (API) platform for modern card issuing and transaction processing. The company works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently. The company serves customers in multiple industry verticals, including financial services, on-demand services.
MARQETA INC-A
180 Grand Avenue, 6th Floor
Oakland CALIFORNIA
P: 18779627738
CEO: Jason Gardner
Employees: 771
Website: https://www.marqeta.com/
MQ earnings call for the period ending September 30, 2024.
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Leading edge card issuer Marqeta (NASDAQ: MQ) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 17.5% year on year to $128 million. On the other hand, next quarter’s revenue guidance of $120.9 million was less impressive, coming in 13.1% below analysts’ estimates. Its GAAP loss of $0.06 per share was 11.9% below analysts’ consensus estimates.
Leading edge card issuer Marqeta (NASDAQ: MQ) will be announcing earnings results tomorrow after the bell. Here’s what to look for.
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