Marqeta Inc Class A

MQ: XNAS (USA)
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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.

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