Flywire Corporation Provides Earnings Guidance for the First Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024
February 27, 2024 at 04:40 pm EST
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Flywire Corporation provided earnings guidance for the first quarter ending March 31, 2024 and full year ending December 31, 2024. For the quarter, the company expects revenue of $110 million to $117 million and revenue Less Ancillary Services of $106 million to $111million.
For the year, the company expects revenue of $501 million to $535 million and revenue Less Ancillary Services of $483 million to $509 million.
Flywire Corporation is a global payments enablement and software company. The Company's payments platform, global payment network and vertical-specific software help its clients get paid and help their customers pay. The Company uses its vertical-specific software and payments technology to retail and e-commerce industries including education, healthcare, travel, and business-to-business (B2B) payments. Its customers integrate its platform into their existing apps and workflows once and have access to a full suite of solutions, including tailored invoicing, settlement, and reconciliation tools, single sign-on and checkout, recurring payments, and split payouts. The Company's platform automates and manages the process from initial invoice delivery through payment settlement and core system reconciliation. The Company serves more than 2,800 institutions. In healthcare, it serves more than 90 healthcare systems.
FLYWIRE CORPORATION 
