Marqeta Inc Class A
MQ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| phb | LOCK|#%q | LOCK|TlL#>SY |
Marqeta Earnings: Decent Results Thanks to Strong Volume; Change in Management as CEO Steps Down
Marqeta reported solid fourth-quarter results with net revenue increasing 14% from last year to $135.8 million. Meanwhile, net losses narrowed to $27.1 million from $40.4 million. Marqeta also announced Simon Khalaf is stepping down as CEO and director, effective immediately.
