Articles from Marqeta, Inc.

Marqeta, Inc. (NASDAQMQ), 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. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2024.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the fourth quarter and full year 2024 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2024.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss third quarter 2024 financial results on Monday, November 4, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the third quarter 2024 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2024.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2024 financial results on Wednesday, August 7, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the second quarter 2024 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2024.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss first quarter 2024 financial results on Tuesday, May 7, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the first quarter 2024 financial results will be issued after the market closes that same day.

Marqeta (NASDAQMQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company. This announcement comes shortly after Marqeta’s Q4 and Full Year 2023 earnings, where it announced that it had exceeded $200 billion in annual TPV only two years after it reached $100 billion, representing the unparalleled scalability and resilience of its modern platform.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2023 financial results on Wednesday, February 28, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the fourth quarter and full year 2023 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, will publish Investor Day materials on its Investor Relations website today at 4:30 ET. Marqeta will also host a conference call on Friday, November 10, 2023 at 9:00 am ET. Hosting the call will be Simon Khalaf, Chief Executive Officer and Mike Milotich, Chief Financial Officer.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2023.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss third quarter 2023 financial results on Tuesday, November 7, 2023 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the third quarter 2023 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a virtual Investor Day, with materials available via Marqeta’s Investor Relations website on Thursday, November 9, 2023 at 4:30pm ET, followed by a virtual Q&A on Friday, November 10, 2023 at 9:00am ET. Simon Khalaf, Chief Executive Officer, Mike Milotich, Chief Financial Officer, and Todd Pollack, Chief Revenue Officer, and other members of the senior management team will provide an overview of the Company’s strategy to capture future growth, product capabilities and initiatives, and financial objectives. The following week, management and the Investor Relations team will be holding in-person meetings in New York City, Boston and San Francisco to answer questions on the content.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2023.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2023 financial results on Tuesday, August 8, 2023 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the second quarter 2023 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2023.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss first quarter 2023 financial results on Tuesday, May 9, 2023 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the first quarter 2023 financial results will be issued after the market closes that same day.

Marqeta (NASDAQMQ), the global modern card issuing platform, released its first Consumer Pulse Report today. Based on the findings of a February 2023 survey of 4,000 consumers across the US, UK and Australia, conducted on its behalf by Propeller Research, the report details the effects that dynamic economic circumstances and emerging financial technology are having on consumer behavior.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2022 financial results on Tuesday, February 28, 2023 at 4:30 pm ET. Hosting the call will be Jason Gardner, Founder and Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with fourth quarter and full year 2022 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), 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.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss third quarter 2022 financial results on Wednesday, November 9, 2022 at 4:30 pm ET. Hosting the call will be Jason Gardner, Founder and Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with third quarter 2022 financial results will be issued after the market closes that same day.

Marqeta (NASDAQMQ), the global modern card issuing platform, today announced that its Board of Directors has unanimously authorized a share repurchase program of up to $100 million of Marqeta’s Class A common stock.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that members of the Company’s management team will be participating in the following investor conferences:

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2022.

Marqeta (NASDAQMQ), the global modern card issuing platform, today announced the addition of Evolve Bank & Trust as a new bank partner to offer additional solutions for customers that take advantage of Marqeta’s full program management capabilities. Evolve is a technology-focused bank that works with a diverse portfolio of fintech companies to provide a range of services, including a dedicated Open Banking division in which they offer innovative “Banking as a Service” (BaaS) payment and technology solutions.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the first quarter ended March 31, 2022.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that members of the Company’s management team will be participating in the following investor conferences:

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss first quarter 2022 financial results on Wednesday, May 11, 2022 at 4:30 pm ET. Hosting the call will be Jason Gardner, Founder and Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with first quarter 2022 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2021 financial results on Wednesday, March 9, 2022 at 4:30 pm ET. Hosting the call will be Jason Gardner, Founder and Chief Executive Officer, and Tripp Faix, Chief Financial Officer. A press release with fourth quarter and full year 2021 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today reported financial results for the third quarter ended September 30, 2021.

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that members of the Company’s management team will be participating in the following investor conferences:

Marqeta, Inc. (NASDAQMQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss third quarter 2021 financial results on Wednesday, November 10, 2021 at 4:30 pm ET. Hosting the call will be Jason Gardner, Founder and Chief Executive Officer, and Tripp Faix, Chief Financial Officer. A press release with third quarter 2021 financial results will be issued after the market closes that same day.

Marqeta, Inc. (NASDAQMQ), a leading modern card issuing platform, today reported financial results for the second quarter ended June 30, 2021.

Marqeta, Inc. (NASDAQMQ) 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.

Marqeta, Inc. today announced the pricing of its initial public offering of 45,454,546 shares of its Class A common stock at a public offering price of $27.00 per share. In addition, Marqeta has granted the underwriters a 30-day option to purchase up to an additional 6,818,181 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. All of the shares are being offered by Marqeta. Marqeta’s Class A common stock is expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “MQ” on June 9, 2021. The offering is expected to close on June 11, 2021, subject to customary closing conditions.