EarningsPAYO is coming off of one of the strongest quarterly earnings prints in recent years, as it benefits from more stable e-commerce trends, accelerating growth in the company’s B2B platform, and strong margins and free cash flow.
Financial PerformancePAYO's 1Q results came in well above expectations on both the top and bottom line as trends in the core business improved.
Management And GuidanceManagement raised the FY24 guidance by more than the 1Q beat, with potential for upward revisions to Street estimates.