Flywire Corp

Flywire Corp. is a payments enablement and software company. The firm engages in providing vertical-specific software and payments technology to embed within the existing accounts receivable (AR) workflows for clients across the education, healthcare, travel vertical markets, and business-to-business (B2B) industries. It also integrates with enterprise resource planning (ERP) systems, such as NetSuite, which allows organizations to optimize the payment experience of customers. The company was founded by Marcaide Marchite Iker in July 2009 and is headquartered in Boston, MA.

Earnings data Q1 2024

Flywire reports robust Q1 2023 results and outlines strong growth guidance

Flywire Corporation's Q1 2023 performance reflects strong revenue growth, expanded client base, and strategic partnerships. While facing challenges in certain sectors and seasonality, the company is well-positioned to capitalize on opportunities in the travel sector, geographic expansion, and student health insurance offerings. The company's updated guidance for full year 2023 indicates confidence in sustained growth and financial performance.

Flywire reports strong Q2 results, raises full-year revenue guidance

Flywire's Q2 2023 earnings call showcased strong revenue growth and expansion efforts, but challenges in adjusted gross margin and slower growth in the healthcare business. The company raised its full-year revenue guidance and expressed confidence in the sustainability of the travel recovery. Opportunities for growth in new client acquisition and geographic expansion were highlighted.

Flywire reports record Q3 earnings and acquires StudyLink for global expansion

Flywire Corporation reported strong Q3 2023 results, setting new company records for revenue and adjusted EBITDA. The acquisition of StudyLink is poised to drive global expansion and enhance the company's value proposition in the higher education ecosystem. However, the company anticipates challenges from FX impact and delayed healthcare sector deployments.

Flywire reports robust Q4 earnings, eyes growth amid margin challenges

Flywire's strong performance in Q4 2023 and FY 2023, coupled with plans for growth in 2024, showcase its resilience and strategic focus. Despite margin challenges and regulatory uncertainties, Flywire remains optimistic about revenue growth opportunities and operational enhancements.

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PRINCETON, N.J. , April 18, 2024 /PRNewswire/ -- Major League Table Tennis (MLTT) is thrilled to announce Flywire (Nasdaq: FLYW) as the title sponsor for its upcoming championship weekend, set to take place at Loyola University's Gentile Arena in Chicago, Illinois, on April 27-28, 2024.

Flywire Named Title Sponsor for Major League Table Tennis Championship Weekend at Loyola University's Gentile Arena

BOSTON, April 16, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its first quarter 2024 financial results will be released after market close on Tuesday, May 7, 2024. Flywire will host a conference call to discuss its first quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, Cosmin Pitigoi, CFO, and Akil Hollis, Head of Investor Relations.

Flywire to Announce First Quarter 2024 Results on May 7, 2024

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The heavy selling pressure might have exhausted for Flyware (FLYW) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -9.57% in 4 Weeks, Here's Why Flyware (FLYW) Looks Ripe for a Turnaround

Flywire is a global payment company that focuses on specific verticals, including education, healthcare, travel, and B2B. The company's stock performance has been lackluster since going public, with a YTD decline of -19%. Despite slower growth, cash flows and net margin have seen noteworthy expansions. Traction in the education vertical was strong in Q4, implying future revenue growth through expansion in FY 2024.

Flywire: Doubling Down On Education Vertical To Fuel Future Growth

Flywire's integration with VTEX provides a streamlined payment experience across entire student financial lifecycle Partnership underscores Flywire's commitment to expansion throughout Latin America BOSTON, March 21, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, has announced a strategic partnership with VTEX, the global enterprise digital commerce platform. Incorporating Flywire's digital education payment solution into the VTEX digital commerce platform enables a seamless payment experience for institutions looking to simplify on-campus transactions, from tuition and enrollment fees, to e-store payments and more, for students worldwide.

Flywire Partners with VTEX to Deliver Integrated Payment Experience to Higher Education Institutions across Latin America

The average of price targets set by Wall Street analysts indicates a potential upside of 44.3% in Flywire Corporation (FLYW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Flywire Corporation (FLYW) Have the Potential to Rally 44.29% as Wall Street Analysts Expect?

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Flyware (FLYW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Flyware (FLYW) Run Higher on Rising Earnings Estimates?

The mean of analysts' price targets for Flyware (FLYW) points to a 26.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 26.41% Upside in Flyware (FLYW): Here's What You Should Know

Here is how Flyware (FLYW) and Healthcare Services (HCSG) have performed compared to their sector so far this year.

Is Flywire Corporation (FLYW) Stock Outpacing Its Business Services Peers This Year?

BOSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that the Company's management team will be attending the following upcoming investor conferences:

Flywire to Attend Upcoming Investor Conferences

Flywire Corporation (FLYW) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Flyware (FLYW) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Flyware (FLYW) Reports Q4 Earnings: What Key Metrics Have to Say

Flyware (FLYW) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to loss of $0.01 per share a year ago.

Flyware (FLYW) Q4 Earnings and Revenues Beat Estimates

Fourth Quarter Revenue Increased 37.5% Year-over-Year Fourth Quarter Revenue Less Ancillary Services Increased 42.6% Year-over-Year Company Provides First Quarter and Fiscal-Year 2024 Outlook BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its fourth quarter and fiscal-year ended December 31, 2023. “Our strong fourth quarter results, which included nearly 43% year over year growth in revenue less ancillary services, capped off an exceptional year for Flywire as we continue to show strong performance across the business,” said Mike Massaro, CEO of Flywire.

Flywire Reports Fourth Quarter and Fiscal-Year 2023 Financial Results

Former PayPal senior finance executive brings decades of experience and leadership across global payments, pricing, treasury, finance and investor relations Former PayPal senior finance executive brings decades of experience and leadership across global payments, pricing, treasury, finance and investor relations

Cosmin Pitigoi to Join Flywire as Chief Financial Officer

Flyware (FLYW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Flyware (FLYW) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Flywire's Q3 results fell below expectations due to adverse FX, implementation delays, and weaker performance in India. The company's exposure to recession-resistant verticals, such as healthcare and education, provides stability and growth opportunities. FLYW's healthcare segment has the potential to become a significant contributor to revenue and offers favorable economic prospects.

Flywire: I Remain Positive Despite Recent Downside

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97% of those surveyed are expecting their business to grow over the next five years 86% of travel providers consider their payment process an extension of their brand BOSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Global travel providers are heading into 2024 with a lot of optimism about the future, as consumers continue to seek unique, immersive travel experiences around the world. This is according to the latest research from Flywire (Nasdaq: FLYW), a global payments enablement and software company, based on a commissioned survey into more than 400 destination management companies, accommodation providers and tour operators across Australia, Italy, Japan and South Africa.

Flywire survey: Experiential travel drives strong growth for global travel providers

Data reveals that patient responsibility is a critical lever to improve financial health of hospitals 83% of CFOs and finance leaders surveyed said better technology would help them shorten the revenue cycle BOSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- 85% of healthcare CFOs and senior financial leaders Flywire recently surveyed agree they need to do more to improve their collection/payment experience, and that they're losing critical time and money because of it. These are a few of the findings from a new research report commissioned by Flywire (Nasdaq: FLYW) , a global payments enablement and software company, which reveals that by improving the overall patient payment experience, hospitals and health systems can control costs and maximize revenue.

Flywire research: Under pressure to control costs and maximize revenue, healthcare CFOs prioritize patient payments

Flywire Corporation (NASDAQ:FLYW ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Akil Hollis - Investor Relations Michael Massaro - Chief Executive Officer Rob Orgel - President, Chief Operating Officer Michael Ellis - Chief Financial Officer Conference Call Participants Rob Napoli - William Blair John Davis - Raymond James Dan Perlin - RBC Capital Markets Darrin Peller - Wolfe Research Tyler DuPont - Bank of America Tien-tsin Huang - JP Morgan Jeff Cantwell - Seaport Research Andrew Jeffrey - Truist Securities James Faucette - Morgan Stanley Kenneth Suchoski - Autonomous Research Patrick Ennis - Credit Suisse Operator Greetings, and welcome to the Flywire Corporation, Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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