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Update: Payoneer Global Shares Fall After Q4 Earnings Miss Forecasts
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Update: Payoneer Global Shares Fall After Q4 Earnings Miss Forecasts
Feb 27, 2025 10:10 AM

12:48 PM EST, 02/27/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph)

Payoneer Global ( PAYO ) shares fell nearly 14% in recent trading Thursday after the company reported Q4 earnings below estimates.

The company quarterly earnings of $0.05 per diluted share were down from $0.07 a year earlier.

Analysts polled by FactSet expected $0.06.

Revenue for the quarter ended Dec. 31 was $261.7 million, up from $224.3 million a year earlier.

Analysts surveyed by FactSet expected $241.3 million.

For 2025, the payment services provider expects revenue of $1.04 billion to $1.05 billion. Analysts polled by FactSet expect $1.04 billion.

Price: 8.80, Change: -1.38, Percent Change: -13.55

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