Marqeta Inc is a technology company that specializes in providing modern card issuing and payment processing solutions for businesses. By offering a flexible platform, it enables companies to create, manage, and customize their own payment cards and digital wallets while facilitating seamless transactions. Marqeta's services cater to a variety of industries, including fintech, e-commerce, and on-demand services, empowering its clients to enhance their financial products and streamline their payment operations. The company's innovative approach to card issuing and payment infrastructure helps drive efficiencies and improve the overall customer experience in digital payments. Read More
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the finance and hr software stocks, including Workday (NASDAQ:WDAY) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Bill.com (NYSE:BILL) and the best and worst performers in the finance and hr software industry.
The Russell 2000 is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential.
However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the finance and hr software industry, including Workiva (NYSE:WK) and its peers.
Over the past six months, Marqeta’s shares (currently trading at $4.18) have posted a disappointing 15% loss while the S&P 500 was down 4.1%. This may have investors wondering how to approach the situation.
Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions, today announced that it will host a conference call and webcast to discuss first quarter 2025 financial results on Wednesday, May 7, 2025 at 4:30 pm ET. Hosting the call will be Mike Milotich, Interim Chief Executive Office and Chief Financial Officer. A press release with the first quarter 2025 financial results will be issued after the market closes that same day.
Shares of leading edge card issuer Marqeta (NASDAQ: MQ)
jumped 23.5% in the morning session after the company reported stunning fourth-quarter results, significantly surpassing analysts' expectations for operating profit. Total payment volume also exceeded Wall Street estimates, and revenue guidance for the next quarter came in ahead of expectations, with projected growth of 14-16%, signaling continued momentum in 2025. Marqeta also highlighted the acquisition of TransactPay, which strengthens its position in Europe and enhanced its ability to provide card issuance and payment solutions across the region. Zooming out, we think this was a good quarter with some key areas of upside.
Green Dot Corporation (NYSE: GDOT) and Marqeta, Inc. (NASDAQ: MQ) today announced a new relationship enabling Marqeta to provide customers with convenient and affordable cash services, an important function for the many businesses and consumers transacting with cash today. Green Dot’s expansive money movement network (the “Green Dot Network,” powered by Arc) enables convenient access to deposit cash to bank accounts at more than 95,000 locations nationwide.
Leading edge card issuer Marqeta (NASDAQ: MQ) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 14.3% year on year to $135.8 million. Guidance for next quarter’s revenue was better than expected at $135.7 million at the midpoint, 1.7% above analysts’ estimates. Its GAAP loss of $0.05 per share was in line with analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today announced that its Board of Directors has appointed Mike Milotich as Interim Chief Executive Officer, effective immediately. Mr. Milotich will also continue to serve in his current role of Chief Financial Officer. Mr. Milotich succeeds Simon Khalaf, who has stepped down as Chief Executive Officer and as a Director.
Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2024.
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Marqeta, Inc. (NASDAQ:MQ) on behalf of long-term stockholders following a class action complaint that was filed against Marqeta on December 9, 2024 with a Class Period from May 7, 2024 to November 4, 2024. Our investigation concerns whether the board of directors of Marqeta have breached their fiduciary duties to the company.
The Law Offices of Frank R. Cruz reminds investors of the upcoming February 7, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Marqeta, Inc. (“Marqeta” or the “Company”) (NASDAQ: MQ) securities between May 7, 2024 and November 4, 2024, inclusive (the “Class Period”).
