Marqeta, Inc. (MQ) Misses Q1 EPS by 3c
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Marqeta, Inc. (NASDAQ: MQ) reported Q1 EPS of ($0.11), $0.03 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $166.1 million versus the consensus estimate of $161.3 million.
Financial Guidance
The following summarizes Marqeta's guidance for the second quarter of 2022:
Second Quarter 2022:
Net Revenue Growth 46 - 48%
Gross Profit Margin 40 - 41%
Adjusted EBITDA Margin (1) Negative 10-11%
For earnings history and earnings-related data on Marqeta, Inc. (MQ) click here.
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