Payoneer's Q1 Earnings Fall, Revenue Rises; 2025 Guidance Suspended

MT Newswires Live
07 May

Payoneer Global (PAYO) reported Q1 earnings Wednesday of $0.05 per diluted share, down from $0.08 a year earlier.

Analysts polled by FactSet expected $0.06.

Revenue for the quarter ended March 31 was $246.6 million, up from $228.2 million a year earlier.

Analysts surveyed by FactSet expected $244.5 million.

The financial technology company suspended its 2025 guidance, citing "current macroeconomic uncertainty."

Payoneer shares were down more than 10% in recent Wednesday premarket activity.

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