earnings
confidence high
sentiment positive
materiality 0.75
Flywire Q3 revenue $156.8M, net income $38.9M; raises FY guidance
Flywire Corp
2024-Q3 EPS reported
$0.15
revenue$374,594,000
- Revenue $156.8M (+27.2% YoY); net income $38.9M vs $10.6M prior year.
- Total Payment Volume $11.0B (+24.2% YoY); Revenue Less Ancillary Services $151.4M (+29.6%).
- Adjusted EBITDA $42.2M (+53.5% YoY); margin 27.9% (+429 bps).
- Signed 200+ new clients; repurchased 1.3M shares for ~$23M.
- Raised FY2024 revenue guidance low end to $495-503M; Adjusted EBITDA guidance $76-80M.