Marqeta Inc Class A
MQ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.#@ | LOCK|ty | LOCK|R!^cW? |
Marqeta Earnings: Growth Slows as Customer Renewals and Pricing Weigh on Results
Marqeta generated record net income of $115 million in the third quarter. However, $107 million of that came from noncash tax benefits, and adjusted net income was comparable to the previous quarter. Adjusted EBITDA margin was 22%, up from 19% last year.
