MQ - Public offerings

The global modern card issuing platform had $47 billion in fourth quarter total processing volume, up 41 percent year-over-year, and generated $204 million in fourth quarter net revenue, up 31 percent year-over-year The company's annual total processing volume was up 50 percent year-over-year to $166 billion, generating $748 million in annual revenue, up 45 percent from 2021 Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2022. Total processing volume (TPV) was $47 billion for the quarter and net revenue was $204 million. This represented a 41% increase in TPV and a 31% increase i

The global modern card issuer generated net revenue of $192 million in the third quarter of 2022, up 46 percent year-over-year, and 54 percent growth in third quarter total processing volume. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2022. Total processing volume (TPV) was $42 billion, with net revenue of $192 million. Gross profit was $80 million, an increase of 36% year over year, resulting in a gross margin of 42%. GAAP net loss was $53 million and Adjusted EBITDA loss was $14 million. "This recent quarter serves as a great example of our continued success and the tremendous market oppo

The global modern card issuer generated net revenue of $187 million in the second quarter of 2022, up 53 percent year-over-year, with 53 percent growth in second quarter total processing volume and a 66 percent increase in gross profit. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2022. Total processing volume (TPV) was $40 billion for the quarter, with net revenue of $187 million. Both figures represent an increase of 53% from the same quarter of 2021. Gross profit was $78 million during the quarter, an increase of 66% year over year, resulting in a gross margin of 42%. GAAP net loss was $45 mil

The global modern card issuing platform generated $155 million in fourth quarter net revenue, up 76 percent year-over-year, alongside $33 billion in fourth quarter total processing volume, also a 76 percent increase. The company also generated $517 million in annual revenue, up 78 percent from 2020, with annual total processing volume up 85 percent year-over-year to $111 billion. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2021. Total processing volume (TPV) was $33 billion for the quarter and net revenue was $155 million, both increased 76% from the same quarter of 2020. Thes

In its third quarter earnings report, the global modern card issuing platform reported net revenue of $132 million, up 56 percent year-over-year, with 60 percent growth in total processing volume and a 67 percent increase in gross profit. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2021. Marqeta reported total processing volume (TPV) of $27.6 billion, with net revenue of $132 million. This represented an increase of 60% and 56%, respectively, from the same quarter of 2020. The company saw gross profit of $59 million during the quarter, up 67% year-over-year. The company reported a gross marg

The global modern card issuing platform issued its first earnings report as a public company, showing net revenue of $122 million, up 76 percent year-over-year, with 76 percent growth in total processing volume and a 70 percent increase in gross profit. Marqeta, Inc. (NASDAQ:MQ), a leading modern card issuing platform, today reported financial results for the second quarter ended June 30, 2021. Marqeta reported net revenue was $122 million, with total processing volume (TPV) of $26.5 billion, both increases of 76% from the same quarter of 2020. The company saw gross profit of $47 million during the quarter, up 70% from the same quarter of 2020. Marqeta reported a GAAP net loss of $68.6 m

Former Salesforce and Microsoft executive brings decades of engineering experience to Marqeta, where he will build out the technology to support Marqeta's vision for the future of payments at global scale.  As previously disclosed in Marqeta's Registration Statement on Form S-1 in connection with its initial public offering, Marqeta (NASDAQ:MQ), the global modern card issuing platform, added Chief Technology Officer Randy Kern to its executive team. Kern will be responsible for scaling the global engineering team and driving technological advancements across the company. "Randy brings decades of software engineering experience to Marqeta, and his experience leading development teams and

Marqeta, Inc. (NASDAQ:MQ) today announced that the underwriters of its initial public offering have exercised in full their option to purchase from Marqeta an additional 6,818,181 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The sale of these additional shares of Class A common stock closed earlier today, following the closing on June 11, 2021 of the sale of 45,454,546 shares of Marqeta's Class A common stock. As a result, Marqeta has received total gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses, of approximately $1.41 billion. Goldman Sachs & Co. LLC and J.P. M