Payoneer Q2 Revenue Beats, B2B Volume Surges 48% Ahead of Nuvei Buyout
PAYO sits 75% above its 52-week low of $4.08.
Summary
Payoneer delivered a Q2 revenue beat of $274.3M vs. $270.98M consensus, driven by a 48% surge in B2B transaction volume. ARPU expanded 18% YoY, marking the eighth straight quarter of 20%+ growth ex-interest income. The company also withdrew its full-year 2026 and medium-term outlook, a move that aligns with the pending $7.40/share all-cash acquisition by Nuvei announced in June. The strong volume metrics suggest the underlying business is accelerating into the deal close, though the withdrawn guidance removes a key valuation anchor. With the stock trading near $7.13, the acquisition premium remains modest, and the results may reinforce confidence in the deal's completion at the agreed price.
At the time of this announcement, PAYO was trading at $7.13 on NASDAQ in the Finance sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $4.08 to $7.67. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.