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

Flywire

10/05/2023 16:37

* Flywire Corp  FLYW.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in March. The mean
expectation of twelve analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 46.2% to $94.36 million from a year ago;
analysts
expected $83.87 million. 
    * Flywire Corp's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Flywire Corp shares had fallen by 1.7% this quarter and
gained 17.9% so far this year.
    * The company reported a quarterly loss of $3.68 million.
    * Wall Street's median 12-month price target for Flywire
Corp is
$35.00 
    * 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 May
10 at 03:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.14          -0.22          Missed