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Stock impact report

Marqeta (NASDAQ:MQ) Exceeds Revenue Expectations In Q4 [Yahoo! Finance]

Marqeta, Inc. - Class A (MQ) 
Company Research Source: Yahoo! Finance
It made a GAAP loss of $0.08 per share, down from its profit of $0.04 per share in the same quarter last year. Is now the time to buy Marqeta? Find out by accessing our full research report, it's free Marqeta (MQ) Q4 FY2023 Highlights: Revenue: $118.8 million vs analyst estimates of $110.4 million (7.7% beat) EPS: -$0.08 vs analyst estimates of -$0.08 (2.1% beat) Free Cash Flow of $14.08 million, down 65.7% from the previous quarter Gross Margin (GAAP): 70%, up from 42.7% in the same quarter last year Market Capitalization: $3.72 billion "2023 was transformative for Marqeta, as we enhanced our platform with new credit card program management capabilities, renewed the large majority of our processing volume to longer term deals, and delivered on operating efficiency," said Simon Khalaf, CEO at Marqeta. Founded by CEO Jason Gardner in 2009, Marqeta (NASDAQ: MQ) is an innovative card issuer that provides companies with the ability to issue and process virtual, physical, Show less Read more
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