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Marqeta, Inc. (MQ) Q1 2023 Earnings Call Transcript

Marqeta, Inc. (NASDAQ:MQ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET

Company Participants

Stacey Finerman – Vice President of Investor Relations

Simon Khalaf – Chief Executive Officer

Mike Milotich – Chief Financial Officer

Conference Call Participants

Bryan Keane – Deutsche Bank

Tien-Tsin Huang – J.P. Morgan

Timothy Chiodo – Credit Suisse

Darrin Peller – Wolfe Research

Ramsey El-Assal – Barclays

Sanjay Sakhrani – KBW

Ashwin Shirvaikar – Citi

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to Marqeta’s First Quarter 2022 Earnings Conference Call. As a reminder, this conference is being recorded.

I would like to turn the conference over to Stacey Finerman, Vice President of Investor Relations, to begin.

Stacey Finerman

Thanks, operator. Before we begin, I would like to remind everyone that today’s call may contain forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties including those set forth in our filings with the SEC, which are available on our Investor Relations website including our Annual Report and 10-K for the period ended December 31, 2022, and our subsequent periodic filings with the SEC. Actual results may differ materially from any forward-looking statements we make today. These forward-looking statements speak only as of the time of this call, and the company does not assume any obligation or intent to update them, except as required by law.

In addition, today’s call includes non-GAAP financial measures. These measures should be considered as a supplement to and not a substitute for GAAP financial measures. Reconciliations to the most directly comparable GAAP measures can be found in today’s earnings press release or earnings release supplemental materials, which are available on our Investor Relations website. Hosting today’s call are Simon Khalaf, Marqeta’s CEO; and Mike Milotich, Marqeta’s Chief Financial Officer.

With that, I

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