Flywire Reports First Quarter 2024 Financial Results
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Go back to Flywire Reports First Quarter 2024 Financial Results
May 8, 2024 6:54 AM EDT
Deutsche Bank analyst Nate Svensson lowered the price target on Flywire (NASDAQ: FLYW) to $25.00 (from $35.00) while maintaining a Buy rating.+
The analyst comments "FLYW reported 1Q24 revenue less ancillary services right in line with our est. at ~ $110m (~24% Y/Y growth) while beating on adj. EBITDA at ~$13m (~12% margins). When we put out our earnings preview... More
May 8, 2024 6:25 AM EDT
RBC Capital analyst Daniel Perlin lowered the price target on Flywire (NASDAQ: FLYW) to $34.00 (from $41.00) while maintaining a Outperform rating.
The analyst comments "1Q24 print and guidance change illustrate the combination of FX headwinds and rolling ramp in its Canadian education business. Despite... More
May 8, 2024 5:04 AM EDT
Citi analyst Ashwin Shirvaikar reiterated a Buy rating and $36.00 price target on Flywire (NASDAQ: FLYW).
The analyst comments "Flywire posted a top- and bottom-line beat versus our estimates/consensus for the Mar-24 quarter, driven by U.K. higher education clients and travel... More
