Market UncertaintyPayoneer shares are down 10%, which is largely attributed to macro uncertainties, the wide guidance range implied for the December quarter, and reduced ex-float EBITDA guidance.
Revenue Growth ConcernsThe implied December quarter guidance calls for 6%-16% revenue growth due to macro uncertainties within marketplaces ahead of the holiday season.
Volume Growth Challenges4Q marketplaces volumes are likely to slow further, pushing overall ex-float growth down to low-double-digits.