Marqeta, Inc. (NASDAQ:MQ) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET

Company Participants

Stacey Finerman - Vice President, Investor Relations

Simon Khalaf - Chief Executive Officer

Mike Milotich - Chief Financial Officer

Conference Call Participants

Timothy Chiodo - UBS

Ramsey El-Assal - Barclays

Tien-Tsin Huang - JPMorgan

Darrin Peller - Wolfe Research

Bryan Keane - Deutsche Bank

James Faucette - Morgan Stanley

Dan Dolev - Mizuho

Craig Maurer - FT Partners

Chris Kennedy - William Blair

Cathy Chen - Bank of America

Andrew Jeffrey - Truist Securities

Moshe Katri - Wedbush Securities

Jamie Friedman - Susquehanna

Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Marqeta Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the conference over to Stacey Finerman, Vice President of Investor Relations. Thank you. And you may 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 on Form 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’d like to turn the call over to Simon to begin.

Simon Khalaf

Thank you, Stacy, and everyone, for joining us for Marqeta's fourth quarter 2023 earnings call. Last fiscal year was a transformative year for Marqeta, and I'm excited about the foundation laid for the future of our company. I'll briefly touch on our results for the fourth quarter and full year '23 before sharing exciting developments at Marqeta.