Flywire Corp reports results for the quarter ended in June - Earnings Summary

Flywire

09/08/2023 06:34

* Flywire Corp  FLYW.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue rose 50.1% to $84.87 million from a year ago;
analysts
expected $74.95 million. 
    * Flywire Corp's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Flywire Corp shares had risen by 3.6% this quarter and
gained 31.5% so far this year.
    * The company reported a quarterly loss of $16.81 million.
    * Wall Street's median 12-month price target for Flywire
Corp is
$39.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:34 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.14          -0.15          Missed
 Mar. 31 2023      -0.06          -0.03          Beat
 Dec. 31 2022      -0.10          -0.01          Beat
 Sep. 30 2022      0.07           -0.04          Missed