Payoneer reports record Q1 revenue $228.2M (+19% YoY), net income $29.0M (+265%), raises FY2024 guidance

Payoneer Global Inc.

2024-Q1 EPS reported $0.08 revenue$228,183,000

Revenue ex interest income $162.9M (+15% YoY); total revenue $228.2M (+19% YoY).
Net income $29.0M (up 265%); Adjusted EBITDA $65.2M (+68% YoY).
Volume $18.5B (+21% YoY); B2B volume $2.2B (+33%); active ICPs 530K (+8%).
FY2024 guidance raised: revenue $895-905M; adjusted EBITDA $200-210M.
Repurchased $51M of stock at avg price $4.84 during Q1.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Payoneer Global Inc. updated its first quarter ended March 31, 2024 guidance (raised).

Period: first quarter ended March 31, 2024
Guidance: raised
Result: reported results

Exact text from the filing

On May 8, 2024, Payoneer Global Inc. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001558370-24-007194

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