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.

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Flywire Corp reports robust earnings, eyes growth through acquisitions

Flywire Corp's strong performance in Q4 2022 and FY 2022 showcases growth and client expansion
While challenges like declining gross margins and lack of free cash flow guidance exist, opportunities in multiple growth levers are promising
Strategic acquisitions and positive industry trends position Flywire for continued success in 2023
Investments in go-to-market strategy and client expansion are key focus areas for future growth

Flywire Corp (FLYW) posts strong Q1 results, raises full-year guidance

Flywire Corp (FLYW) reported robust Q1 2023 performance, with strong revenue growth, improved margins, and positive operational developments, positioning the company for continued success and market expansion.
While facing challenges in managing expenses and adjusting gross margins, Flywire's strategic investments, raised revenue guidance, and focus on key growth areas offer opportunities for sustained growth and profitability.
By leveraging its strengths, addressing challenges, and capitalizing on opportunities, Flywire is well-positioned to navigate market dynamics, drive margin expansion, and capitalize on emerging trends in the payments industry.

Flywire Corp (FLYW) reports robust Q2 results and raises full-year guidance

Flywire's Q2 2023 performance showcased significant revenue growth and improved profitability, leading to raised full-year guidance.
Despite challenges in healthcare and lower gross margins, the company remains optimistic about sustained growth and expansion opportunities.
Strong organic customer growth, strategic partnerships, and focus on innovation position Flywire well for future success and market competitiveness.

Flywire Corp (FLYW) posts record Q3 results, eyes strategic growth

Flywire Corp (FLYW) delivered strong Q3 2023 results, driven by record revenue and strategic acquisitions.
Operational highlights, new client wins, and community strengthening initiatives showcase Flywire's growth trajectory.
Challenges in FX volume and delayed deployments are being addressed, with a focus on seizing opportunities for expansion and revenue enhancement.

Flywire Corp reports robust Q4 earnings, eyes growth opportunities

Flywire Corp's Q4 2023 performance was strong, with revenue and adjusted EBITDA showing significant growth YoY.
The company's strengths lie in vertical expansions, partnerships, and go-to-market strategies, positioning it well for future growth.
Challenges include Canadian regulatory impacts and margin decline, while opportunities exist in healthcare, partnerships, and payer services.
Overall, Flywire is poised for growth in 2024, focusing on execution and seizing opportunities across various segments for revenue expansion.

Flywire Corp reports robust Q1 earnings amidst market challenges

Flywire Corp (FLYW) delivered strong financial results in Q1 2024, showcasing growth in revenue, gross profit, and EBITDA, while facing challenges from FX rates and market dynamics.
The company's diverse revenue base, focus on innovation, and client-centric approach position it well for future growth and strategic opportunities in international markets.
Despite uncertainties in student visa policies and regulatory environments, Flywire remains confident in its ability to navigate challenges and capitalize on growth prospects across verticals.
With a strong cash position, operational highlights, and a commitment to customer satisfaction, Flywire is poised for continued success and potential expansion through M&A activities.

Flywire Corp (FLYW) reports strong Q2 earnings and strategic growth moves

Flywire Corp (FLYW) showcased robust financial performance, strategic investments, and growth initiatives in Q2 2024, positioning the company for continued success.
While facing challenges such as market-specific metrics and customer integration complexities, Flywire's focus on execution and growth opportunities remains strong.
With a focus on shareholder returns, revenue diversification, and customer adoption, Flywire is poised to capitalize on its strengths and navigate challenges effectively.

Flywire Corp (FLYW) reports robust Q3 performance amidst sector challenges

Flywire Corp (FLYW) delivered a strong Q3 performance, showcasing growth and financial resilience despite challenges in the education sector.
The company's strategic focus on expanding its global payment network and optimizing go-to-market capabilities is driving operational success.
Analysts' inquiries into customer additions, market opportunities, and growth strategies highlight areas of strategic importance for Flywire's future growth.

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My view is a buy rating for Flywire Corporation. FLYW largest targeted market - education - has a strong growth outlook. Improving profitability should support a valuation rerating.

Flywire Corporation: Strong Secular Tailwind And Visibility To Margin Expansion

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Enables modern, intuitive payment experience for third-party sponsors paying a student's tuition, fees and other education-related expenses Enables modern, intuitive payment experience for third-party sponsors paying a student's tuition, fees and other education-related expenses

Flywire improves efficiency and cash flow for higher education institutions with expanded availability of third-party invoicing solution

Flywire Corporation (NASDAQ:FLYW ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Akil Hollis - Vice President, Financial Planning and Analysis Mike Massaro - Chief Executive Officer Rob Orgel - President and Chief Operating Officer Cosmin Pitigoi - Chief Financial Officer Conference Call Participants Dan Perlin - RBC Capital Markets Will Nance - Goldman Sachs Darrin Peller - Wolfe Research Nate Svensson - Deutsche Bank Jeff Cantwell - Seaport Research Chris Kennedy - William Blair Andrew Bauch - Wells Fargo Tyler DuPont - Bank of America Tien-tsin Huang - JPMorgan Operator Greetings, and welcome to Flywire Corporation First Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Flywire Corporation (FLYW) Q1 2024 Earnings Call Transcript

The payments and financial software solutions provider released its first-quarter results. Investors chose to focus on the negative of Flywire's deepening net loss.

Why Flywire Stock Got Grounded Today

First Quarter Revenue Increased 21% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 24% Year-over-Year Company Provides Second Quarter and Fiscal-Year 2024 Outlook BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2024. "We are pleased with our 2024 first quarter results, where we signed more than 200 new clients, the highest the company has signed in a quarter," said Mike Massaro, CEO of Flywire.

Flywire Reports First Quarter 2024 Financial Results

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Flyware (FLYW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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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.

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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.

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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.

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

Flywire Corporation (FLYW) Q4 2023 Earnings Call Transcript

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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.

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