Shares of Nuvei Corporation (NVEI) are rising more than 16% Wednesday morning after the Canadian fintech company raised its full-year revenue outlook.
Nuvei now expects full-year revenue to be in the range of $1.175 billion - $1.195 billion, up from the previous guidance of $1.170 billion - $1.182 billion. Analysts on average, polled by Thomson-Reuters expect the company to report revenue of $1.18 billion.
Revenue for the third quarter increased 55% to $304.9 million from $197.1 million, above the consensus estimate of $303.27 million.
NVEI, currently at $18.59, has traded in the range of $13.32 - $43.81 in the last 1 year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.