Flywire Corporation will announce its 2024 financial results on February 25, 2025, followed by a conference call.
Quiver AI Summary
Flywire Corporation announced that it will release its fourth quarter and full year 2024 financial results after market close on February 25, 2025. A conference call to discuss these results will be held at 5:00 PM ET on the same day, featuring CEO Mike Massaro, President and COO Rob Orgel, and CFO Cosmin Pitigoi. The call will be available via webcast on Flywire's investor relations website, with a replay also accessible afterward. Flywire is a global payments enablement and software company, providing services across various industries, including education and healthcare, integrating with ERP systems to enhance payment experiences for over 4,000 clients worldwide.
Potential Positives
- Flywire is set to announce its fourth quarter and full year 2024 financial results, indicating the company is actively keeping stakeholders informed about its financial performance.
- The conference call will include key executives, providing investors with direct insight from leadership regarding the company's performance and strategic direction.
- The release of comprehensive financial results after market close may signal strong performance expectations, creating potential positive momentum for stock performance.
Potential Negatives
- The release does not mention any significant achievements or improvements in financial performance, which could lead to investor concerns about the company's growth trajectory.
- There is no specific guidance provided for future performance or expectations, which may create uncertainty among investors.
- The announcement of a conference call to discuss financial results implies that prior results may not have met expectations, potentially leading to negative speculation about the company's past performance.
FAQ
When will Flywire release its 2024 financial results?
Flywire will release its fourth quarter and full year 2024 financial results after market close on February 25, 2025.
How can I access the Flywire conference call?
The conference call can be accessed live via Flywire's investor relations website at https://ir.flywire.com/.
Who will host the Flywire financial results conference call?
The call will be hosted by Mike Massaro, Rob Orgel, and Cosmin Pitigoi.
Is there a replay available for the Flywire conference call?
A replay of the conference call will be available on Flywire's investor relations website following the call.
What services does Flywire provide?
Flywire offers global payments enablement, software solutions, and integrates with leading ERP systems to optimize payment experiences.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FLYW Insider Trading Activity
$FLYW insiders have traded $FLYW stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $FLYW stock by insiders over the last 6 months:
- MICHAEL MASSARO (Chief Executive Officer) has made 0 purchases and 2 sales selling 16,275 shares for an estimated $288,075.
- PETER BUTTERFIELD (General Counsel and CCO) has made 0 purchases and 4 sales selling 12,611 shares for an estimated $235,573.
- ROB ORGEL (President and COO) has made 0 purchases and 2 sales selling 8,376 shares for an estimated $148,340.
- DAVID R. KING (Chief Technology Officer) has made 0 purchases and 2 sales selling 6,857 shares for an estimated $121,166.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FLYW Hedge Fund Activity
We have seen 121 institutional investors add shares of $FLYW stock to their portfolio, and 119 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTH REEF CAPITAL MANAGEMENT LP added 1,325,801 shares (+inf%) to their portfolio in Q3 2024, for an estimated $21,729,878
- EVENTIDE ASSET MANAGEMENT, LLC removed 1,304,806 shares (-42.5%) from their portfolio in Q3 2024, for an estimated $21,385,770
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 1,243,193 shares (-10.7%) from their portfolio in Q4 2024, for an estimated $25,634,639
- MACQUARIE GROUP LTD removed 1,240,310 shares (-90.6%) from their portfolio in Q3 2024, for an estimated $20,328,680
- TEACHER RETIREMENT SYSTEM OF TEXAS added 1,181,521 shares (+inf%) to their portfolio in Q4 2024, for an estimated $24,362,963
- JENNISON ASSOCIATES LLC added 1,179,562 shares (+53.0%) to their portfolio in Q4 2024, for an estimated $24,322,568
- AMERIPRISE FINANCIAL INC removed 1,130,094 shares (-57.1%) from their portfolio in Q3 2024, for an estimated $18,522,240
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BOSTON, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its fourth quarter and full year 2024 financial results will be released after market close on Tuesday, February 25, 2025. Flywire will host a conference call to discuss its fourth quarter and full year 2024 financial results at 5:00pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO.
The conference call will be webcast live from Flywire’s investor relations website at https://ir.flywire.com/ . A replay will be available on the investor relations website following the call.
About Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.
Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.
Flywire supports more than 4,000 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com . Follow Flywire on X , LinkedIn and Facebook .
Contacts
Investor Relations
:
Masha Kahn
[email protected]
Media
:
Sarah King
[email protected]
