Wise Group PLC (WSE) experienced a significant surge of 5.24% in after-hours trading on Thursday.
The stock's rise followed the company's release of its fiscal 2026 financial results, which reported net revenue of $2.5 billion, an increase from $2.1 billion the previous year. While this figure came in slightly below analyst expectations of $2.51 billion, the company reaffirmed its medium-term target for a net revenue compound annual growth rate of 15% to 20%. Furthermore, Wise Group provided guidance for fiscal 2027, expecting net revenue growth around the middle of that range, which bolstered investor confidence in its future prospects.