Marqeta (MQ) Reports Q1 Loss, Tops Revenue Estimates

Marqeta (MQ) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of$ 0.05. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this transaction processing services provider would post a loss of$ 0.06 per share when it actually produced a loss of $0.05, delivering a surprise of 16.67%. Over the last four quarters, th ...