earnings
confidence high
sentiment positive
materiality 0.80
Payoneer Q2 revenue $239.5M (+16% YoY), volume up 22%, raises FY guidance, acquires Skuad
Payoneer Global Inc.
2024-Q2 EPS reported
$0.16
revenue$467,703,000
- Revenue $239.5M (+16% YoY); net income $32.4M; adj. EBITDA $72.8M (+30%).
- Volume $18.7B (+22%); B2B volume $2.5B (+40%); active ICPs 547k (+10%).
- Acquired Skuad (global workforce/payroll) for $61M cash + up to $20M contingent.
- Raised FY 2024 guidance: revenue $920-930M, adj. EBITDA $225-235M.
- Repurchased $47M shares at $5.33 avg price; SMB take rate expanded to 111bps.