Marqeta Q1 Revenue $165.8M Exceeds Expectations
Reports Q1 revenue $165.8M, consensus $164.2M. "Our first quarter results demonstrate the power of our platform at scale as we delivered on our promise of achieving GAAP Net Income profitability, a testament to our strong growth and disciplined execution," said Mike Milotich, CEO of Marqeta. "As a modern card issuer capable of delivering a continuum of products and innovative solutions across multiple use cases and geographies, Marqeta is uniquely positioned to enable growth and engagement for our customers."