Payoneer Global reports Q1 EPS 5c, consensus 9c

Reports Q1 revenue $246.62M, consensus $244.52M. The company said, “Payoneer delivered another solid quarter, driven by strong ARPU growth, increasing adoption of our high-value products, focus on quality customers, and continued profitability. We also extended our regulatory advantage, becoming the third foreign company licensed as a payment service provider in China. This reflects our long-term commitment to complex, high-potential markets.”