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Wise Shares Slump After First-Quarter Earnings Miss Estimates

Wise Shares Slump After First-Quarter Earnings Miss Estimates

Bloomberg17-07-2025
Wise Plc shares fell by the most in seven months after the fintech company's fiscal first-quarter earnings missed analyst estimates, driven by higher currency volatility.
The company reported underlying income of £362 million ($485 million) in the three months through June, which missed the £372 million average of analyst estimates compiled by Bloomberg. Still, the company maintained its full-year forecast for that figure to grow as much as 20%.
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