Flywire reports Q3 EPS 23c, consensus 35c

Reports Q3 revenue $200.14M, consensus $181.1M. “Flywire’s (FLYW) third-quarter results demonstrate the strength of our solutions and sustained momentum across all four verticals,” said Mike Massaro, Flywire’s CEO. “We continued to grow market share, adding more than 200 new clients, deepening existing relationships, and expanding deal size – all while maintaining strong profitability. Supported by a better than expected macro backdrop, these results highlight the growing demand for Flywire solutions as the increasing number of clients turn to us to modernize complex payment processes and drive efficiency at scale.”