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The company's outlook is driven by its focus on expanding its network, products, and features to serve more people and businesses globally. Wise went live in Malaysia, launched the Wise Account and Wise Card in Thailand, introduced Wise Assets in New Zealand, and announced its Wise Platform partnership with OakNorth to power international payments...
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16/10/2026 | Wise plc
The company reported a 21% YoY increase in net revenue to $739.1 million, with cross-border take rate reduced to 49bps, a 3bps decrease from the same period last year. Transaction revenue increased 22% YoY to $561.3 million, and the company expects FY27 net revenue growth to be in the upper half of its 15‑20% medium-term target range on a constant...
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16/10/2026 | Wise plc
Wise Group plc (Nasdaq: WSE; LSE: WISE) reported its Q2 FY27 results for the quarter ended September 30, 2026, with notable year-over-year (YoY) growth in various key metrics. Active customers reached 12.5 million, a 20% increase from the same period last year, while cross-border volume grew 22% YoY to $71.7 billion. Customer holdings increased 28%...
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16/10/2026 | Wise plc
Verizon Communications and Ericsson completed the first outdoor pre‑standard 6G field call using the 7 GHz band at a Verizon commercial network site in Concord, California. The companies installed Ericsson's 6G proof‑of‑concept equipment to assess coverage, throughput, latency, and signal stability in outdoor conditions and as signals pass through...
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16/10/2026 | Telefonaktiebolaget LM Ericsson
Dell’Oro projects the global radio‑access‑network equipment market to remain stable through 2026. Ericsson forecasts an adjusted gross margin of 49–51 % for Q4 2026 and expects elevated restructuring charges that year. The company will continue cost‑reduction measures and further simplification of its operating structure to improve efficiency. Stoc...
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16/10/2026 | Telefonaktiebolaget LM Ericsson
The earnings release coincided with a strategic simplification announcement. Beginning 1 January 2027, Ericsson will merge its North East Asia, South East Asia, Oceania, and India market areas into a single Asia‑Pacific (APAC) market area, led by Patrick Johansson, who currently heads the Market Area Europe, Middle East and Africa. This move is par...
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16/10/2026 | Telefonaktiebolaget LM Ericsson
Ericsson announced third‑quarter results for the period ended 30 September, reporting net sales of SEK59.48 billion, up from SEK56.24 billion a year earlier and exceeding the SEK55.28 billion forecast by FactSet. Organic sales grew 7%, driven by a 17 % quarter‑over‑quarter rise in the networks unit. Adjusted EBITA reached SEK10.1 billion versus an...
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16/10/2026 | Telefonaktiebolaget LM Ericsson
The company's recent results indicate that revenue has increased to £3,026m, but net income has fallen due to reduced margins. This suggests that the optimistic case for BME.L may have been overly reliant on cost control and Everyday Low Prices. The lesson is to test any expansion or low-price story against reported net margin.
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16/10/2026 | B&M European Value Retail plc
B&M European Value Retail's (BME.L) stock performance has been significant over the past year, returning 31.7% including dividends. However, the company's net margin has decreased to 3.7%, challenging the optimistic narrative of strong expansion and cost control. The shares have been trading at a premium, with a current price of £2.77 compared to t...
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16/10/2026 | B&M European Value Retail plc
VSE Corporation (NASDAQ: VSEC) will host its 2026 Investor Day in New York City on December 9, 2026, providing an opportunity for investors to engage with the company's leadership team and gain a deeper understanding of its aviation aftermarket distribution and repair services. The event will feature executive presentations, a product and service s...
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16/10/2026 | VSE Corporation