Marqeta stock takes off after earnings and outlook beat expectations

Shares of Marqeta Inc. roseate much than 14% successful after-hours trading Wednesday aft the company, which enables companies to contented debit and recognition cards, topped expectations with its latest results portion besides delivering an upbeat forecast.

The institution recorded a third-quarter nett nonaccomplishment of $45.7 million, oregon 8 cents a share, compared with a nonaccomplishment of $12.3 million, oregon 10 cents a share, successful the year-earlier quarter.

Marqeta...