Marqeta Inc. (MQ) PT Lowered to $15 at Wolfe Research
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Marqeta (MQ): 'Marqedly' Strong Quarter and Guide Sends Shares 10% Higher, Analysts Positive
March 10, 2022 7:56 AM ESTShares of Marqeta (NASDAQ: MQ) are up 10% in premarket trading Thursday after the company reported better-than-expected FY 2021 revenue.
The company reported revenue of $517.2 million, topping the analyst consensus of $499 million. Marqeta posted an adjusted EBITDA loss of $12.8 million for the full-fiscal 2021, compared to the consensus estimates of $24.1 million. Loss per share was reported at 45c.
For the current fiscal first quarter,... More
