Shares of Nayax Ltd (NYAX) soared 7.03% in pre-market trading on Wednesday following the release of its third-quarter earnings report. The fintech firm demonstrated robust revenue growth and improved profitability, despite falling short of analyst expectations on some metrics.

Nayax reported a 26% year-over-year increase in Q3 revenue, reaching $104.3 million. This growth was primarily driven by customer expansion and strong demand for the company's payment solutions. Net income for the quarter rose significantly to $3.5 million, up from $0.7 million in the same period last year. Additionally, adjusted EBITDA grew to $18.2 million, reflecting improved operational efficiency.

However, the company's earnings per share of $0.09 missed the analyst consensus estimate of $0.23 by 59.11%. Similarly, quarterly sales of $104.280 million fell short of the expected $109.597 million by 4.85%. Despite these misses, investors seem to be focusing on the company's strong year-over-year growth and positive outlook. Nayax updated its 2025 revenue guidance to $400-$405 million, citing M&A delays, while reaffirming its organic revenue growth guidance of at least 25%. The company also adjusted its 2025 Adjusted EBITDA guidance to $60-$65 million. With Wall Street's median 12-month price target for Nayax at $51.50, approximately 22.7% above its recent closing price, the market appears optimistic about the company's long-term prospects despite the short-term earnings miss.