Shares of Nayax Ltd (NASDAQ: NYAX) tumbled 5.70% in pre-market trading on Wednesday following the release of the company's third-quarter earnings report, which fell short of analyst expectations. The payment solutions provider reported mixed results, with significant earnings growth year-over-year but misses on both earnings per share (EPS) and revenue estimates.
Nayax reported quarterly earnings of $0.09 per share, marking a substantial 384.21% increase from $0.02 per share in the same period last year. However, this figure missed the analyst consensus estimate of $0.23 by 59.11%. The company's quarterly sales came in at $104.280 million, up 25.63% year-over-year, but still fell short of the expected $109.597 million by 4.85%.
Adding to investor concerns, Nayax lowered its full-year 2025 revenue guidance. The company now expects revenue in the range of $400 million to $405 million on a constant currency basis, down from the previous forecast of $410 million to $425 million. This revised outlook, coupled with the earnings miss, appears to have triggered the significant pre-market selloff as investors reassess their expectations for the company's near-term performance.
Comments