Flywire Analysts Slash Their Forecasts After Q3 Results

  • By Grand News Network
  • |
  • November 8, 2023

Flywire Corporation (NASDAQ: FLYW) posted a profit for its third quarter on Tuesday.

Flywire posted earnings of 8 cents per share for the third quarter, versus a year-ago loss of 4 cents per share. The company’s revenue came in at $123.3 million versus estimates of $122.07 million.

Flywire said it sees FY23 revenue of $394.1 million to $399.3 million, versus estimates of $385.17 million.

Flywire also said it has acquired StudyLink, an innovative provider of international student admissions, application and agent management software serving universities ...

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