Shares of Riskified Ltd. (RSKD) surged 7.78% in pre-market trading on Wednesday after the ecommerce fraud prevention company reported better-than-expected third-quarter results and raised its full-year guidance.

The company's Q3 adjusted earnings per share came in at $0.04, surpassing the FactSet consensus estimate of $0.03. Revenue for the quarter reached $81.9 million, exceeding analyst expectations of $80.3 million. Riskified reported a significant acceleration in gross profit growth compared to the first half of the year, with further acceleration anticipated in the fourth quarter.

Eido Gal, Co-Founder and Chief Executive Officer of Riskified, expressed satisfaction with the company's performance, stating, "We are pleased with our strong third quarter performance. Our revenue and gross profit growth accelerated, and we saw momentum across most of our verticals." The company highlighted its strengthened leadership position in the Money Transfer and Payments category, with both its top new client win and largest upsell coming from this segment.

Adding to the positive sentiment, Riskified raised its full-year 2025 guidance. The company now expects revenue between $338 million and $346 million, up from its previous outlook of $336 million to $346 million. Additionally, Riskified projects adjusted EBITDA between $21 million and $27 million for the year. This improved outlook, coupled with the company's focus on profitability and long-term value creation, appears to be driving investor enthusiasm and contributing to the pre-market stock surge.