Wise Group is trading 4.6% down at $12.33 in pre-market as investors digest its Q1 FY27 results and reiterated outlook.
- Net revenue jumped 25% year-over-year to $714 million, supported by a 21% increase in active customers and a 26% rise in cross-border volume to $69.3 billion.
- The company reiterated its FY27 guidance, targeting mid-teens net revenue growth and profit margins at the higher end of its target range.