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Flywire to Announce Second Quarter 2024 Results on August 6, 2024
GlobeNewswire News Room· 2024-07-18 04:05
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. The conference call will be we ...
Flywire partners with HDFC Credila to streamline cross-border education loan payments from India
Newsfilter· 2024-07-17 21:00
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. BOSTON and MUMBAI, India, July 17, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ:FLYW) (Flywire), a global payments enablement and software company, today announced that it has expanded its capabilities in India to streamline and digitize student ...
Flywire partners with HDFC Credila to streamline cross-border education loan payments from India
GlobeNewswire News Room· 2024-07-17 21:00
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. BOSTON and MUMBAI, India, July 17, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has expanded its capabilities in India to streamline and digitize studen ...
Flywire improves efficiency and cash flow for higher education institutions with expanded availability of third-party invoicing solution
Newsfilter· 2024-05-15 04:06
BOSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (NASDAQ:FLYW) a global payments enablement and software company, announced that it has strengthened its offerings for students and institutions with the expanded availability of its third-party invoicing solution, which streamlines the payment experience for third-party sponsors paying a student's tuition and fees. Leveraging Flywire's solution, institutions around the world can reduce their administrative burden, ease reconciliat ...
Flywire(FLYW) - 2024 Q1 - Earnings Call Transcript
2024-05-11 02:14
财务数据和关键指标变化 - 第一季度收入(不含附加服务)为1.102亿美元,同比增长24% [1] - 第一季度调整后毛利为7,190万美元,同比增长20% [1] - 第一季度调整后EBITDA为1,320万美元,同比增长6,200万美元 [1] 各条业务线数据和关键指标变化 - 教育业务在英国和加拿大表现强劲,英国高等教育收入同比增长近一倍 [2] - 医疗业务新客户管道增长超100%,与Conifer Health Solutions和Oracle Health CommunityWorks等客户达成合作 [3] - 旅游业务签约创历史新高,拓展至智利等新地区,并在日本滑雪季表现出色 [3] - B2B业务平均交易规模增加,客户数量和预计年度经常性收入均创新高 [3] 各个市场数据和关键指标变化 - 加拿大教育市场受签证政策变化影响,全年收入预计受到中个位数百万美元的负面影响 [7][8] - 英国教育市场表现强劲,收入同比增长近一倍 [2] - 澳大利亚教育市场表现良好,收入增长超过公司平均水平 [13][14] 公司战略和发展方向及行业竞争 - 公司继续优化销售和客户关系管理团队,投资增加15%以上 [1] - 公司专注于产品和支付创新,推出整合的患者融资解决方案,帮助医疗客户提高收款率 [1][2] - 公司文化以执行力和创新为核心,有利于快速解决客户难题 [1][2] - 公司相信国际学生市场长期增长趋势不变,将继续保持在各地区的市场份额 [2] 管理层对经营环境和未来前景的评论 - 管理层对公司收入增长前景保持信心,预计全年调整后EBITDA利润率将继续提升 [1] - 管理层认为加拿大签证政策变化影响可控,公司有能力应对这一变化 [2][7][8] - 管理层认为公司仍处于大型终端市场的早期阶段,有很大的增长空间 [9][10] 问答环节重要的提问和回答 问题1 **Dan Perlin提问** 询问加拿大市场情况及公司对此的信心 [7][8] **Rob Orgel和Cosmin Pitigoi回答** 公司与客户和代理商沟通,了解加拿大市场正在逐步恢复正常,全年预计中个位数百万美元的负面影响 [7][8] 问题2 **Will Nance提问** 询问公司TAM增长的构成因素 [12] **Mike Massaro和Cosmin Pitigoi回答** TAM增长包括学费涨价、国际学生人数增长以及公司在现有客户的渗透率提升等因素 [12][13][14] 问题3 **Darrin Peller提问** 询问公司二季度业绩指引宽幅的原因 [9][10] **Cosmin Pitigoi回答** 主要受汇率和加拿大市场影响,以及医疗业务恢复的不确定性 [9][10]
Why Flywire Stock Got Grounded Today
The Motley Fool· 2024-05-09 06:16
It whiffed on the bottom line in its latest earnings report, and revenue guidance only met expectations.The market wasn't willing to take flight with financial software company Flywire (FLYW -16.07%) on Wednesday. After the company published its latest set of quarterly results after market hours the previous day, investors assertively traded out of the stock. It ended up closing down by more than 16% in price on a day when the bellwether S&P 500 index moved sideways.Revenue rose, but net loss deepenedOn the ...
Flywire(FLYW) - 2024 Q1 - Quarterly Report
2024-05-08 05:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40430 FLYWIRE CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 27-0690799 (State or other jurisdiction ...
Flywire(FLYW) - 2024 Q1 - Quarterly Results
2024-05-08 04:16
Exhibit 99.1 Flywire Reports First Quarter 2024 Financial Results 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, MA – May 7, 2024: 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 quart ...
NVEI vs. FLYW: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-05-08 00:41
Investors with an interest in Financial Transaction Services stocks have likely encountered both Nuvei Corporation (NVEI) and Flyware (FLYW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on ...
Flywire Named Title Sponsor for Major League Table Tennis Championship Weekend at Loyola University's Gentile Arena
Prnewswire· 2024-04-18 22:00
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. Major League Table Tennis is thrilled to announce Flywire as the title sponsor for its championship weekend in Chicago. Post this Jiwei Xia (right) of the Portland Paddlers returns a serve from Olajide Omotayo of the Seatt ...