Marqeta Inc.
MQ-
Marqeta Inc soared 15.9% to $5.75 after the payment processing company reported mixed quarterly results.
Total processing volume in the second quarter surged 33% to $53.6billion from $40.4 billion a year ago.
Revenue in the second quarter rose 24% to $231 million from $186.6 million and net loss expanded to $58.8 million from $44.4 million and net loss per share rose to 11 cents from 8 cents a year ago.
The payment platform extended its deal with Block's Cash App card payment processing services for four more years.
The company also struck a multi-faceted partnership deal with Brazil-based Fitbank to expand in the region and help other fintech companies to process payments.
Aug 9, 2023
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| Trading Volume | 122,738 |
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7.33 - 4.68 |
| Market Cap Full | $ 2.9B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | 3.4% | 1.6% | -14.7% | -25.2% |
| Q2 | - | -6.8% | -5.6% | 6.6% |
| Q3 | - | -6.8% | -1.2% | 22.8% |
| Q4 | - | -6.8% | -4.2% | 18.1% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| 1.6 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -13.9 | 8.7 | -8.8 | -10.8 | - | 1.4 | 0.3 | -1.2 | - | - | - | - |
| 2023 | |||||||||||
| 8.5 | -12.5 | -21.2 | -11.4 | 18.3 | 1.7 | 14.6 | 10.2 | -2.8 | -13.6 | 22.8 | 9.9 |
| 2022 | |||||||||||
| -31.3 | -0.6 | -5.9 | -15.8 | 12.6 | -22.5 | 18.3 | -18.8 | -8.6 | 10.7 | -15.1 | -8.7 |
| 2021 | |||||||||||
| - | - | - | - | - | - | -6 | 10.1 | -23.8 | 38.3 | -35.8 | -12.7 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | -0.1 | -0.1 | -0.1 |
| Q2 | -0.1 | -0.1 | -0.3 |
| Q3 | -0.1 | -0.1 | -0.1 |
| Q4 | 0 | -0.1 | 0 |
| A | -0.34 | -0.34 | -0.45 |