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PAYO - Payoneer Global reports mixed Q1 earnings; raises FY23 outlook
Payoneer Global Inc.
2023-05-09 08:14:38 ET
Payoneer Global press release ( NASDAQ: PAYO ): Q1 GAAP EPS of $0.02 misses by $0.01 .
Revenue of $192.01M (+40.2% Y/Y) beats by $6.4M .
$5.5 billion of customer funds as of March 31, 2023, up $837 million or 18% year-over-year
Raises 2023 Guidance: Revenue of $810 million - $820 million vs. consensus of $803.79M; Adjusted EBITDA of $140 million to $150 million; Transaction costs of ~15.5% of revenue.