OAKLAND, Calif. (AP) 鈥� OAKLAND, Calif. (AP) 鈥� Marqeta Inc. (MQ) on Tuesday reported second-quarter net income of $7.6 million.
On a per-share basis, the Oakland, California-based company said it had net income of 7 cents.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The transaction processing services provider posted revenue of $176 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $172.9 million.
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