Shearwater rises after company forecasts annual results above market view
27/07/2026 09:20
BUZZ-Shearwater rises after company forecasts annual results above market view ** Shares of cybersecurity group Shearwater SWGS.L up 13% at 51.4 pence
** Company expects full-year revenue and adjusted EBITDA to come in ahead of market expectations, citing growth in Services segment and contract wins
** Says current market expectations for FY26 stands at revenue of £35.5 million ($47.34 million) and adjusted EBITDA of £2.4 million
** YTD, stock is up ~23%
($1 = 0.7500 pounds)
(Reporting by Neeshita Beura in Bengaluru)