Payoneer Global Stock Forum

$Payoneer Global (PAYO.US)$ 12

$Payoneer Global (PAYO.US)$
What's wrong with software sector?

There’s some lift after earnings reports from $Palantir (PLTR.US)$ and $Payoneer Global (PAYO.US)$ Glad to see some momentum today after a rather gloomy trading well last week. Will be glad to have the election behind us. Also plenty of moment from $ZIM Integrated Shipping (ZIM.US)$ which I think is still oversold, although my other shipping stocks are still lagging and down a lot. $Stride (LRN.US)$ also being good to me with huge lift after unexpectedly...

$Payoneer Global (PAYO.US)$
Positive
Record quarterly revenue of $248.3 million, up 19% YoY
Net income increased 224% YoY to $41.6 million
B2B volume grew 57% YoY to $2.8 billion
Merchant Services volume up 142% YoY
Raised 2024 revenue guidance to $950-960 million
Card spend increased 41% YoY to $1.4 billion
Negative
Take Rate declined 5 basis points YoY to 122 bps
Transaction costs as % of revenue increased 70 bps YoY to 15.3%

$Payoneer Global (PAYO.US)$ fly high

Will definitey keep on build on this stock $Payoneer Global (PAYO.US)$

$Payoneer Global (PAYO.US)$ good buy now

Pre-Market Stock Movers
Gapping up
$Zillow-A (ZG.US)$ +5.5% (Zillow Group was upgraded by Piper Sandler to overweight from neutral. Analyst Thomas Champion also hiked his price target to $62 per share, suggesting 33% upside from Monday's close.)
$JPMorgan (JPM.US)$ +1.2% (JPMorgan Chase was upgraded from Jefferies to buy from hold. The firm also labeled JPMorgan Chase as“best-in-class.")
$3M (MMM.US)$ +2% (Shares rose n...