UPDATE: Payoneer Global Q2 EPS $0.12 Beats $0.04 Estimate, Sales $206.73M Beat $196.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Payoneer Global (NASDAQ:PAYO) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.04 by 200 percent. This is a 71.43 percent increase from the same period last year. The company also reported quarterly sales of $206.73 million, beating the analyst consensus estimate of $196.99 million by 4.95 percent, a 39.51 percent increase from the same period last year.
August 08, 2023 | 11:54 am
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POSITIVE IMPACT
Payoneer Global's Q2 earnings and sales exceeded estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Payoneer Global's Q2 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could lead to an increase in the company's stock price in the short term.
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