Payoneer Global Q1 EPS $0.08 Beats $0.05 Estimate, Sales $228.18M Beat $211.58M Estimate

Payoneer Global (NASDAQ:PAYO) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.05 by 60 percent. This is a 300 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $228.18 million which beat the analyst consensus estimate of $211.58 million by 7.85 percent. This is a 18.84 percent increase over sales of $192.01 million the same period last year.