US Stock Surge: Wanwei B9 Soars on September 29 Driven by Record Earnings, Fintech, and Communications

Vanway B September 29 Major Surge Interpretation

Keywords: record financial report, fintech, telecommunications

1. On September 28, the company released its Q4 and full-year results for fiscal year 2026. Fourth quarter revenue increased by 7% year-over-year to $339 million, gross profit increased by 18% to $134.8 million, operating profit rose by 52% to $33.2 million, and adjusted EBITDA increased by 22% to $41.2 million. Full-year revenue grew by 5% to $1.298 billion, and adjusted EBITDA increased by 17% to $154.6 million.

2. On September 28, the company disclosed its outlook for fiscal year 2027, projecting gross profit between $545 million and $555 million, adjusted EBITDA between $176 million and $180 million, and expects NRS revenue to grow by approximately 20% to 25%. At the end of the period, the company held $272 million in cash and liquid investments with no debt.

3. On September 28, the company’s high-margin businesses continued to grow, with NRS fourth quarter revenue increasing by 31% year-over-year to $45 million, Fintech business revenue growing by 12% to $47.1 million, and net2phone subscription revenue rising by 10% to $24.5 million. Combined, NRS, Fintech, and net2phone contributed 53% of the company's pre-headquarter expense adjusted EBITDA.

(Disclaimer: This content is summarized from publicly available information using AI technology, for reference only and does not constitute investment advice.)