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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Flywire Corporation (NASDAQ:FLYW ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants Masha Kahn - Investor Relations Mike Massaro - CEO & Director Rob Orgel - President & COO Cosmin Pitigoi - CFO Conference Call Participants Darrin Peller - Wolfe Research John Davis - Raymond James Pat Ennis - UBS Nate Svensson - Deutsche Bank Andrew Bauch - Wells Fargo James Faucette - Morgan Stanley Andrew Schmidt - Citi Cris Kennedy - William Blair Operator Good day, and welcome to the Flywire Third Quarter of 2024 Earnings Conference Call. All participants will be in a listen-only through the duration of the call.

Flywire Corporation (FLYW) Q3 2024 Earnings Call Transcript

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While the top- and bottom-line numbers for Flywire (FLYW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Flywire (FLYW) Reports Q3 Earnings: What Key Metrics Have to Say

Third Quarter Revenue Increased 27.2% Year-over-Year Third Quarter Revenue Less Ancillary Services Increased 29.6% Year-over-Year BOSTON, Nov. 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 third quarter ended September 30, 2024. “Our third quarter results highlight our ability to capture higher payment volumes with new and existing clients, signaling the growth potential within our accounts and verticals.

Flywire Reports Third Quarter 2024 Financial Results

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Exploring Analyst Estimates for Flyware (FLYW) Q3 Earnings, Beyond Revenue and EPS

The average of price targets set by Wall Street analysts indicates a potential upside of 33% in Flyware (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.

Wall Street Analysts Think Flyware (FLYW) Could Surge 32.97%: Read This Before Placing a Bet

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BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its third quarter 2024 financial results will be released after market close on Thursday, November 7, 2024. Flywire will host a conference call to discuss its third quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO.

Flywire to Announce Third Quarter 2024 Results on November 7, 2024

At first-ever Flywire Fusion event, Flywire's momentum in solving cross-border and domestic payments challenges was on full display

Flywire showcases strength in U.S. higher education business at its inaugural client conference

Flywire Corporation remains a buy due to robust growth metrics, scale advantage, and margin expansion, despite Canada headwinds impacting near-term growth. Key growth catalysts include partnerships in India and the UK, and expanding distribution capabilities, which should drive significant revenue growth. The recent acquisition of Invoiced enhances FLYW's competitive position and opens opportunities in the growing B2B AR solution market.

Flywire: Growth Outlook Remains Robust

BOSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW)("Flywire" or the “Company") a global payments enablement and software company, today announced that the Company will be attending the following upcoming investor conferences:

Flywire to Attend Upcoming Investor Conferences

Flywire Corporation (NASDAQ:FLYW ) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ET Company Participants Allison MacLeod - Chief Marketing Officer Michael Massaro - CEO & Director Robert Orgel - President & COO Cosmin Pitigoi - CFO and Principal Financial & Accounting Officer Conference Call Participants John Davis - Raymond James Tyler DuPont - BofA Tien-Tsin Huang - JPMorgan Andrew Schmidt - Citi Dan Perlin - RBC Capital Markets Ken Suchoski - Autonomous Research Chris Kennedy - William Blair Darrin Peller - Wolfe Research James Faucette - Morgan Stanley Operator Greetings, and welcome to Flywire Corporation's Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Flywire Corporation (FLYW) Q2 2024 Earnings Call Transcript

The headline numbers for Flyware (FLYW) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Flyware (FLYW) Reports Q2 Earnings: What Key Metrics Have to Say

Flyware (FLYW) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.15 per share a year ago.

Flyware (FLYW) Reports Q2 Loss, Tops Revenue Estimates

Second Quarter Revenue Increased 22% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 26% Year-over-Year Company Announces Acquisition of Invoiced, an Award-Winning Accounts Receivable SaaS Platform Board of Directors Authorizes $ 150 Million Share Repurchase Program BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its second quarter ended June 30, 2024. “Our second quarter results demonstrate resilient performance across the business where we signed more than 200 new clients and grew revenue by 22% and revenue less ancillary services by 26% year-over-year, despite revenue headwinds related to the ongoing Canadian government actions involving student study permits,” said Mike Massaro, CEO of Flywire.

Flywire Reports Second Quarter 2024 Financial Results

Invoiced augments Flywire's B2B payments solution with workflow automation software purpose-built for mid-market companies to streamline the entire Accounts Receivables (A/R) process

Flywire Acquires Invoiced to Bolster its Global B2B Payment Network with Award-winning Accounts Receivable SaaS Platform

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Flywire (FLYW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Flywire (FLYW): Can Its 9.4% Jump Turn into More Strength?

The consensus price target hints at a 42.7% upside potential for Flyware (FLYW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Flyware (FLYW) Could Rally 42.72%: Here's is How to Trade

Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate interest from private equity firms and other potential buyers, Reuters reported Friday (Aug. 2), citing unnamed sources.

Report: Flywire Exploring Sale After Seeing Interest From Potential Buyers

Flywire , a U.S. payments processor with a market value of $2.3 billion, is exploring a sale after attracting takeover interest, according to people familiar with the matter.

Exclusive: Payments firm Flywire explores sale after receiving acquisition interest, sources say

BOSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter 2024 financial results will be released after market close on Tuesday, August 6, 2024. Flywire will host a conference call to discuss its second quarter 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO.

Flywire to Announce Second Quarter 2024 Results on August 6, 2024

Flywire digitizes the cross-border payment experience for loans funded and managed by HDFC Credila, India's largest private loan provider. Flywire expands its footprint in India to capitalize on the billions of dollars of payment volume from education loans.

Flywire partners with HDFC Credila to streamline cross-border education loan payments from India

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