Wise blasts past forecasts as margins rally

Investors can get very excited when companies beat expectations, and that’s certainly the case with Wise (WISE) today. Shares in the money transfers business stormed nearly 12% higher on Tuesday after trumping quarterly revenue forecasts. It also raised its profit margin outlook, driven by strong customer growth and higher transaction volumes. The London-listed fintech company reported … Continue reading Wise blasts past forecasts as margins rally