Marqeta, Inc. (MQ) Misses Q1 EPS by 3c

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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