secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001193125-24-253131
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q3 revenue $156.8M, net income $38.9M; raises FY guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312524253131/0001193125-24-253131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312524253131/d836627d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-253131

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer