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BusinessJul 18, 2025 11:51 PM

Wise stock tumbles as company misses Q1 forecasts on FX headwinds By Investing.com

Investing.com -- Shares of Wise (LON:WISEa) fell sharply on Thursday after the company's fiscal first-quarter results came in below expectations, weighed down by increased currency market volatility. The fintech firm posted underlying income of £362 million ($485 million) for the three months ending in June, falling short of the £372 million average estimate from analysts surveyed by Bloomberg. Despite the miss, Wise reaffirmed its full-year outlook, maintaining guidance for up to 20% growth ...Read More >

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