Payoneer Q3 revenue $208M (+31% YoY), net income $12.8M; raises FY23 adj. EBITDA guidance to $195-205M

Payoneer Global Inc.

2023-Q3 EPS reported $0.17 revenue$606,783,000

Revenue $208.0M (+31% YoY); net income $12.8M versus $26.5M loss year ago.
Adjusted EBITDA $58.2M (+357%); raises full-year adj. EBITDA guidance to $195-205M (midpoint $200M).
Active ICPs 502k (+5%), volume $16.8B (+11%); take rate 124bps (+19bps).
B2B volume ex-exited customers +6%; launched Shopify Checkout, QuickBooks integration, NZD account.
Announced Etsy collaboration for Etsy Payments in emerging markets; $15M share repurchases in Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Payoneer Global Inc. reported third quarter ended September 30, 2023 results: revenue $208.0, net income $12.8. Guidance reaffirmed.

Period: third quarter ended September 30, 2023
Revenue: $208.0
Net income: $12.8
Guidance: reaffirmed
Result: reported results

Exact text from the filing

2023 Financial Highlights ($ in mm) 3Q 2022 4Q 2022 1Q 2023 2Q 2023 3Q 2023 YoY Change Revenue $ 158.9 $ 183.6 $ 192.0 $ 206.7 $ 208.0 31% Transaction costs as a % of revenue 17.6% 16.6% 14.1% 13.8% 14.6% (300 bps) Revenue less transaction costs $ 130.9 $ 153.2 $ 164.9 $ 178.2

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Payoneer Global Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-018122

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