OAKLAND, Calif. (AP) — OAKLAND, Calif. (AP) — Marqeta Inc. (MQ) on Wednesday reported a loss of $647,000 in its second quarter.
On a per-share basis, the Oakland, California-based company said it had a loss of less than 1 cent.
The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The transaction processing services provider posted revenue of $150.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $140.1 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 This material may not be published, broadcast, written or redistributed.
