Adyen tops revenue estimates despite end of US tariff exemption for low-value packages

The Adyen logo is seen at the reception desk of the company's headquarters in Amsterdam, Netherlands August 24, 2018. Picture taken August 24, 2018. REUTERS/Eva Plevier

(Reuters) -Dutch payments group Adyen reported better-than-expected quarterly revenue on Wednesday, driven by robust retail transactions that offset concerns over the end of the U.S. tariff exemption for low-value imports.

Shares of Adyen surged nearly 10% in early Amsterdam trading, ranking among the top performers on Europe's benchmark STOXX 600 index.