Marqeta Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line
Marqeta (NASDAQ:MQ) Full Year 2023 Results
Key Financial Results
Revenue: US$676.2m (down 9.6% from FY 2022).
Net loss: US$223.0m (loss widened by 21% from FY 2022).
US$0.42 loss per share (further deteriorated from US$0.34 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Marqeta Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Marqeta.
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