Payoneer Global Inc. (NASDAQ:PAYO) Q3 2024 Results Earnings Conference Call November 5, 2024 8:30 AM ET
Company Participants
Michelle Wang - Vice President of Investor Relations
John Caplan - Chief Executive Officer
Bea Ordonez - Chief Financial Officer
Conference Call Participants
Sanjay Sakhrani - KBW
Will Nance - Goldman Sachs
Mayank Tandon - Needham
Darrin Peller - Wolfe Research
Mike Grondahl - Northland Securities
Trevor Williams - Jefferies
Cris Kennedy - William Blair
Operator
Good morning. Thank you for standing by. Welcome to Payoneer's Third Quarter 2024 Earnings Conference Call. At this time, all lines have been placed on mute to prevent any background noise. Following the speakers' remarks, we will open the line for your questions. As a reminder, this conference call is being recorded.
I would now like to turn the call over to Michelle Wang, Payoneer's VP of Investor Relations. Please go ahead.
Michelle Wang
Thank you, operator. With me on today's call are Payoneer's Chief Executive Officer, John Kaplan, and Payoneer's Chief Financial Officer, Bea Ordonez.
Before we begin, I'd like to remind you that today's call may contain forward-looking statements which are subject to risks and uncertainties. For more information, please refer to our filings with the SEC which are available in the Investor Relations section of payoneer.com. Actual results may differ materially from any forward-looking statements we make today. These forward-looking statements speak only as of today and the company does not assume any obligation or intend to update them, except as required by law.
In addition, today's call may include non-GAAP measures. These measures should be considered in addition to and not instead of GAAP financial measures. Reconciliation to the nearest GAAP measure can be found in today's earnings press release which is available on our website. Additionally, please note we have posted an earnings presentation supplement alongside our earnings press release on investor.payoneer.com. All comparisons made on today's call are on a year-over-year basis, unless noted otherwise.
With that, I'd like to turn the call over to John to begin.
John Caplan
Good morning, everyone, and thank you for joining us today. Payoneer once again delivered a record breaking quarter in both volume and revenue. We are systematically building a full service financial platform for the cross border needs of small and medium sized businesses around the globe. We are committed and making significant progress.
In 2024, Payoneer has entered a meaningful second curve of profitable growth as evidenced by our financial performance over the past three quarters. Our momentum is no accident. It's the result of a strong management team, effective strategic capital allocation, and the disciplined execution of our global team, who are all aligned on driving sustainable and profitable growth.