Marqeta: Q3 Earnings Insights

Marqeta MQ reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Marqeta missed estimated earnings by 11.11%, reporting an EPS of $-0.1 versus an estimate of $-0.09.

Revenue was down $82.73 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 11.69% increase in the share price the next day.

Here's a look at Marqeta's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.09 -0.09 -0.09 -0.09
EPS Actual -0.11 -0.13 -0.05 -0.10
Revenue Estimate 219.25M 211.89M 201.93M 180.86M
Revenue Actual 231.12M 217.34M 203.81M 191.62M

To track all earnings releases for Marqeta visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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