Perfect Moment shares surge 34.06% after-hours on strong Q2 results, 24% revenue growth, and 60.1% gross margin.

Perfect Moment surged 34.06% in after-hours trading following the release of its strong fiscal Q2 2026 results. Revenue rose 24% to $4.8 million, driven by a 61% increase in wholesale sales and improved operational execution, while gross margin expanded significantly to 60.1% from 54.0% year-over-year. Operating expenses declined 14%, and the adjusted EBITDA loss narrowed by $1.2 million as the company tightened cost controls and optimized its supply chain. Management highlighted strategic progress, including a high-profile H&M collaboration, the opening of a luxury flagship in Verbier, and a shift toward full-price brand positioning. These results signaled advancing profitability and operational discipline, bolstered by a disciplined balance sheet and momentum ahead of the winter season, directly aligning with the stock’s sharp after-hours rally.