Payoneer Global Inc. (PAYO) stock surged 8.46% in pre-market trading on Wednesday, following the release of its impressive second-quarter 2025 financial results and several positive announcements.
The global payment and commerce-enabling platform reported Q2 revenue of $260.6 million, surpassing the IBES estimate of $253.1 million. The company's net income reached $19.5 million, with earnings per share (EPS) of $0.05. Operating income for the quarter stood at $30.077 million, demonstrating solid operational performance.
Investors were particularly encouraged by Payoneer's decision to reinstate its 2025 guidance, projecting revenue between $1,040 million and $1,060 million. This outlook exceeds the current LSEG IBES estimate of $1.01 billion, signaling strong growth prospects. Additionally, the company's board authorized a substantial $300 million share repurchase program, further boosting investor confidence and potentially supporting the stock's value.