NASDAQ$PAYO
Payoneer Global Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Payoneer reported record quarterly volume and revenue, with significant profitability.
Payoneer delivered record quarterly volume and revenue, and significant profitability in the third quarter of 2024. The company is building a full-service financial stack for global cross-border SMBs and accelerating growth and profitability across its business.
- Record quarterly volume driven by 57% B2B growth.
- Revenue growth excluding interest income accelerated to 24%.
- Active ICP growth increased to 11% year-over-year.
- Spend on Payoneer cards grew by 41% year-over-year.
Headline financials
Revenue & EPS history
Payoneer · Revenue · Quarterly
$248M
Forward guidance
Payoneer is increasing its 2024 guidance to reflect strong third quarter performance, with higher expectations for both growth and profitability for the final quarter of the year.
Tailwinds
- Revenue between $950 million and $960 million.
- Transaction costs of approximately 16.0% of revenue.
- Adjusted EBITDA between $255 million and $265 million.
- Executing on strategic priorities.
- Repurchase of 25 million outstanding public warrants underscores conviction in ability to create long term value for shareholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+3.6%
Avg return
Earnings day
+6.4%
Avg return
5 days after
+2.1%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+37.1%
Q1 2022
Best reaction
-18.7%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.9% | +5.1% | +3.7% | |
| Q4 2025 | -18.7% | -12.4% | -8.8% | |
| Q3 2025 | -5.0% | -2.1% | -1.9% | |
| Q1 2025 | -13.8% | +0.7% | -1.4% | |
| Q4 2024 | -14.7% | -21.4% | -28.8% | |
| Q3 2024 | +21.5% | +26.9% | +26.6% | |
| Q2 2024 | +27.8% | +31.8% | +33.7% | |
| Q1 2024 | +12.5% | +10.2% | +13.2% | |
| Q4 2023 | -12.6% | -16.5% | -12.6% | |
| Q3 2023 | -7.5% | -5.8% | -10.3% | |
| Q2 2023 | +13.8% | +14.8% | +23.1% | |
| Q1 2023 | -14.9% | -17.1% | -19.6% | |
| Q4 2022 | +14.8% | +19.0% | +7.3% | |
| Q3 2022 | -12.9% | +0.9% | -16.5% | |
| Q2 2022 | +18.6% | +20.4% | +18.1% | |
| Q1 2021 | +37.1% | +37.4% | +28.7% | |
| Q1 2022 | +37.1% | +37.4% | +28.7% | |
| Q4 2021 | -12.8% | -6.2% | -0.4% | |
| Q4 2019 | -12.8% | -6.2% | -0.4% | |
| Q3 2020 | +14.3% | +21.4% | -13.3% | |
| Q3 2021 | +14.3% | +21.4% | -13.3% | |
| Q4 2020 | -3.1% | -6.7% | -3.6% | |
| Q2 2021 | -3.1% | -6.7% | -3.6% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro