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Marqeta reports Q1 EPS (7c), consensus (7c)

Reports Q1 revenue $117.97M, consensus $117.07M. “Our business once again showed itself to be on a solid trajectory this quarter,” said Simon Khalaf, CEO of Marqeta. “Alongside continued scale and operational efficiencies, we saw growth from both major fintech customers expanding into new use cases and geographies, as well as growth from newer customers and embedded finance use cases. All put together, it speaks volumes to the breadth and depth of the Marqeta platform.”

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