Marqeta to Announce First Quarter 2025 Results on May 7, 2025

Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions, today announced that it will host a conference call and webcast to discuss first quarter 2025 financial results on Wednesday, May 7, 2025 at 4:30 pm ET. Hosting the call will be Mike Milotich, Interim Chief Executive Office and Chief Financial Officer. A press release with the first quarter 2025 financial results will be issued after the market closes that same day. The conference call will be webcast live from Marqeta's investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call. About Marqeta Marqet

New Collaboration Enables Convenient and Affordable Cash Deposits at Green Dot's Network of 95,000+ Locations Nationwide Green Dot Corporation (NYSE:GDOT) and Marqeta, Inc. (NASDAQ:MQ) today announced a new relationship enabling Marqeta to provide customers with convenient and affordable cash services, an important function for the many businesses and consumers transacting with cash today. Green Dot's expansive money movement network (the "Green Dot Network," powered by Arc) enables convenient access to deposit cash to bank accounts at more than 95,000 locations nationwide. "We are proud to collaborate with Marqeta to bring our shared vision of delivering seamless and affordable financi

Mike Milotich, Marqeta's Chief Financial Officer, Appointed Interim CEO Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today announced that its Board of Directors has appointed Mike Milotich as Interim Chief Executive Officer, effective immediately. Mr. Milotich will also continue to serve in his current role of Chief Financial Officer. Mr. Milotich succeeds Simon Khalaf, who has stepped down as Chief Executive Officer and as a Director. The Company's Board of Directors has initiated a comprehensive search process, with the assistance of a leading executive search firm, to identify Marqeta's next CEO. "As we embark on a new fiscal year and look to position Marqeta

Barclays downgraded Marqeta from Overweight to Equal Weight and set a new price target of $4.00 from $5.00 previously

Monness Crespi & Hardt downgraded Marqeta from Buy to Neutral

Deutsche Bank downgraded Marqeta from Buy to Hold and set a new price target of $4.00 from $9.00 previously

4 - Marqeta, Inc. (0001522540) (Issuer)

4 - Marqeta, Inc. (0001522540) (Issuer)

4 - Marqeta, Inc. (0001522540) (Issuer)

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Mike Milotich, Marqeta's Chief Financial Officer, Appointed Interim CEO Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today announced that its Board of Directors has appointed Mike Milotich as Interim Chief Executive Officer, effective immediately. Mr. Milotich will also continue to serve in his current role of Chief Financial Officer. Mr. Milotich succeeds Simon Khalaf, who has stepped down as Chief Executive Officer and as a Director. The Company's Board of Directors has initiated a comprehensive search process, with the assistance of a leading executive search firm, to identify Marqeta's next CEO. "As we embark on a new fiscal year and look to position Marqeta

Husaini plans to expand and scale Marqeta's AI capabilities, bringing over 25 years of experience to help drive greater ROI for Marqeta customers unlocking purchasing power for all Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced that Fouzi Husaini has joined the company as its Chief Artificial Intelligence Officer. Previously at Capital One and Amazon, Husaini will play a pivotal role in scaling Marqeta's AI organization to help increase purchasing power for all by reducing risk and improving consumer and commercial rewards, while also helping accelerate our pace of innovation. "We're thrilled

Carlisle spent six years leading SoFi's compliance function and is a veteran regulatory and compliance practitioner with over 25 years of experience in financial services and capital markets. Marqeta (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance capabilities for the world's innovators, today announced the appointment of Alan Carlisle as its Chief Compliance Officer (CCO). Carlisle, previously Enterprise Chief Compliance Officer at SoFi, will be responsible for elevating and expanding Marqeta's regulatory compliance management system. "Alan excels in designing and implementing risk and compliance controls, and is passionate about creating a culture wh

Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform that enables embedded finance solutions, today announced that it will host a conference call and webcast to discuss first quarter 2025 financial results on Wednesday, May 7, 2025 at 4:30 pm ET. Hosting the call will be Mike Milotich, Interim Chief Executive Office and Chief Financial Officer. A press release with the first quarter 2025 financial results will be issued after the market closes that same day. The conference call will be webcast live from Marqeta's investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call. About Marqeta Marqet

The global modern card issuing platform's fourth quarter total processing volume grew 29 percent year-over-year, generating 18% growth in Gross Profit. Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today reported financial results for the fourth quarter and full year ended December 31, 2024. Total processing volume (TPV) was $80 billion for the quarter, representing a 29% year-over-year increase. Marqeta reported Q4 Net Revenue of $136 million and Gross Profit of $98 million, representing increases of 14% and 18%, respectively, year-over-year. GAAP Net Loss for the quarter was $27 million and Adjusted EBITDA was $13 million. TPV was $291 billion for the full year

Marqeta, Inc. (NASDAQ:MQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the fourth quarter and full year 2024 financial results will be issued after the market closes that same day. The conference call will be webcast live from Marqeta's investor relations website at https://investors.marqeta.com/. A replay will be available on the investor relations website following the call. About Marqeta

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