OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — Marqeta Inc. (MQ) on Tuesday reported second-quarter net income of $7.6 million.
On a per-share basis, the Oakland, California-based company said it had net income of 7 cents.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The transaction processing services provider posted revenue of $176 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $172.9 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MQ at https://www.zacks.com/ap/MQ
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
