Marqeta (MQ) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.08 per share a year ago.
Marqeta (MQ -6.65%), a financial services company known for its innovative credit and payment card issuing platform, reported solid fourth-quarter results on Feb. 26. Revenue increased 14% to $136 million, surpassing analyst predictions of $132 million.
Besides Wall Street's top -and-bottom-line estimates for Marqeta (MQ), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Marqeta's stock dropped 40% after lowering Q4'24 guidance, but the company's shift from Block dependency and growing customer base show potential for recovery. Despite revenue growth, Marqeta's net income remains negative, though free cash flow and low debt levels indicate financial stability. Regulatory scrutiny and compliance costs pose short-term challenges, but high TVP and revenue growth suggest a positive mid to long-term outlook.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Marqeta, Inc. (NASDAQ:MQ) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Marqeta, you are encouraged to obtain additional information by visiting Click Here
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Marqeta, Inc. (NASDAQ:MQ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Marqeta, Inc. ("Marqeta" or "the Company") (NASDAQ:MQ) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 7, 2024 and November 4, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 7, 2025.