Flywire Reports Third Quarter 2024 Financial Results
Flywire Corporation - Voting (FLYW)
Company Research
Source: GlobeNewswire
Third Quarter Revenue Increased 27.2% Year-over-Year Third Quarter Revenue Less Ancillary Services Increased 29.6% Year-over-Year BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its third quarter ended September 30, 2024. “Our third quarter results highlight our ability to capture higher payment volumes with new and existing clients, signaling the growth potential within our accounts and verticals.” said Mike Massaro, CEO of Flywire. “These results reflect our diversified business, strength of our land and expand Go To Market motion, and strong performance culture of our Flymates.” Third Quarter 2024 Financial Highlights: GAAP Results Revenue increased 27.2% to $156.8 million in the third quarter of 2024, compared to $123.3 million in the third quarter of 2023.Gross Profit increased to $100.3 million, resulting in Gross Margin of 64.
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FLYW
Earnings
- 11/7/24 - Beat
FLYW
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 3
- 11/20/24 - Form 8-K
- FLYW's page on the SEC website