03:33 PM EST, 02/27/2025 (MT Newswires) -- Payoneer Global ( PAYO ) shares tumbled intraday Thursday after the company's core earnings outlook for 2025 indicated a year-over-year decline.

The digital payments company expects adjusted earnings before interest, taxes, depreciation, and amortization between $255 million and $265 million this year, which would mark a drop from $270.6 million reported for 2024. Full-year revenue is pegged at $1.04 billion to $1.05 billion, compared with $977.7 million reported for 2024. The FactSet poll indicates $1.04 billion in revenue this year.

Marketplace volume growth is expected to normalize to a high-single digit from mid-teens in 2024, Chief Financial Officer Bea Ordonez said on an earnings conference call, according to a FactSet transcript. Business-to-business growth is seen at about 25%, a step down from record levels reached in 2024, she said.

Payoneer shares fell nearly 14% in Thursday late-afternoon trade. The stock has slid 12% so far this year.

Earlier this month, Payoneer received regulatory approvals in China for its planned acquisition of a licensed payment service provider in that country. The company expects the deal to close in the first half of 2025.

Potential trade tariffs are not expected to result in a material impact to the business in the near term, while creating "an opportunity" over the medium to longer term, Ordonez told analysts.

Earnings decreased to $0.05 a share in the quarter through Dec. 31 from $0.07 a year earlier, compared with analysts' views for $0.06. Revenue jumped 17% to $261.7 million, topping the Street's call for $241.3 million.

Fourth-quarter volume increased 18% year over year amid a 37% surge in the business-to-business component, while full-year volume rose 21%, with B2B soaring 42%. In a statement, Chief Executive John Caplan said the company achieved new records for 2024 volume, revenue and profitability.

Price: 8.88, Change: -1.31, Percent Change: -12.82