Flywire (NASDAQ:FLYW – Get Free Report) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Flywire has set its Q3 2024 guidance at EPS and its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.
Flywire (NASDAQ:FLYW – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.01). Flywire had a negative net margin of 1.85% and a negative return on equity of 1.03%. The firm had revenue of $103.68 million for the quarter, compared to the consensus estimate of $100.30 million. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. On average, analysts expect Flywire to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Flywire Stock Up 2.7 %
Shares of NASDAQ:FLYW opened at $18.00 on Thursday. The stock has a market capitalization of $2.25 billion, a PE ratio of -257.14, a price-to-earnings-growth ratio of 7.46 and a beta of 0.97. The firm’s 50 day moving average price is $17.10 and its 200-day moving average price is $17.59. Flywire has a twelve month low of $15.19 and a twelve month high of $31.54.
Analyst Ratings Changes
Get Our Latest Stock Report on FLYW
Insider Activity at Flywire
In other Flywire news, CTO David R. King sold 3,353 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $18.04, for a total transaction of $60,488.12. Following the sale, the chief technology officer now directly owns 620,184 shares in the company, valued at $11,188,119.36. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Flywire news, CTO David R. King sold 3,353 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $18.04, for a total transaction of $60,488.12. Following the transaction, the chief technology officer now owns 620,184 shares in the company, valued at $11,188,119.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Rob Orgel sold 3,824 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $17.31, for a total transaction of $66,193.44. Following the completion of the sale, the chief operating officer now directly owns 473,648 shares in the company, valued at approximately $8,198,846.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,966 shares of company stock valued at $480,143. Insiders own 3.90% of the company’s stock.
Flywire Company Profile
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly.
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