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MQ - Marqeta's Q2 Earnings: Let This Beast Be Unleashed
Marqeta Inc.
Recent IPO, Marqeta, unveiled its first earnings report as a public company on Aug. 11, beating analysts’ revenue expectations by a wide margin, 22.5%.
Revenue was $122 million for the quarter, representing 76% YoY growth.
The unicorn fintech company has strong tailwinds as its customers like Affirm and Square are growing rapidly.
In this article, I will analyze Marqeta’s Q2 earnings highlighting the positive outlook ahead.