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Marqeta : Q1 2024 Press Release - MarketScreener
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Marqeta Reports First Quarter 2024 Financial Results
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Shares of leading edge card issuer Marqeta (NASDAQ: MQ) jumped 6.4% in the morning session after the company reported third quarter results that beat Wall Street's expectations for revenue and Total Processing Volume, though EPS missed. Gross margin also improved significantly during the quarter, and free cash flow turned positive. The results were impressive, given the anticipated headwinds from the Cash App contract renewal that was signed last quarter. It is important to note that the terms o
Shares of leading edge card issuer Marqeta (NASDAQ: MQ) jumped 6.4% in the morning session after the company reported third quarter results that beat Wall…
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