Payoneer Stock Soars 17% as Q3 Earnings Break Records

GuruFocus.com11-06

Payoneer (NASDAQ:PAYO) just put a rocket under its stock price, soaring 17% today after crushing Q3 expectations. The fintech player reported a record-breaking $248.3 million in quarterly revenue, up ...

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The fintech player reported a record-breaking $248.3 million in quarterly revenue, up ...</p>\n\n<a href=\"https://finance.yahoo.com/news/payoneer-stock-soars-17-q3-161704300.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAYO","symbol_name":"Payoneer Global Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/payoneer-stock-soars-17-q3-161704300.html","article_id":"2481878976","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481878976","pubTimestamp":1730823424,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Payoneer  just put a rocket under its stock price, soaring 17% today after crushing Q3 expectations. The fintech player reported a record-breaking $248.3 million in quarterly revenue, up 19% year-over-year, thanks to a booming 57% increase in B2B transaction volume. Payoneer's platform processed a jaw-dropping $20.4 billion in transactions this quartera 25% jump from last yeardriven by growing demand from small and medium businesses expanding globally.GuruFocus has detected 7 Warning Signs with PAYO.CEO John Caplan laid out Payoneer's winning game plan: building a full-service financial suite that helps cross-border SMBs scale fast. And it's working. Payoneer's big-ticket customersthose moving over $10,000 each monthgrew revenue by more than 25%, with the Payoneer card becoming a favorite for global payments. 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