Payoneer Global Inc. (PAYO) Misses Q1 EPS by 4c; pulls guidance

Payoneer Global Inc. (NASDAQ: PAYO) reported Q1 EPS of $0.05, $0.04 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $246.6 million versus the consensus estimate of $244.73 million.

Given the current macroeconomic uncertainty, Payoneer is suspending its previously issued full-year 2025 guidance.

“Payoneer delivered 16% growth in revenue excluding interest income and continued strong profitability in the first quarter. We continue to execute against our long-term vision and strategic roadmap. We remain confident in our long-term thesis - serving the complex needs of global SMBs and entrepreneurs by providing a comprehensive and differentiated financial stack that enables them to achieve their cross-border ambitions.

Given the rapidly evolving and uncertain global macro and trade environment, at this time, we are suspending our previously issued full year 2025 guidance. There are a broad range of potential outcomes and as a company supporting cross-border businesses that may be negatively impacted, we face substantial risks which could impact our financial results.

Our business and the customers we serve are diverse and our focus during this time is squarely on supporting our customers as they navigate the dynamic environment. Some customers may benefit from potential shifts in global trade and supply chains and we are focused on ensuring we and our customers are well positioned to capture potential new opportunities.”

For earnings history and earnings-related data on Payoneer Global Inc. (PAYO) click here.

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