Flywire Q2 EPS $(0.15) Misses $(0.14) Estimate, Sales $84.87M Beat $75.13M Estimate
Portfolio Pulse from bharat@benzinga.com
Flywire reported Q2 losses of $(0.15) per share, missing the analyst consensus estimate of $(0.14) by 7.14%. However, the company's quarterly sales of $84.87M beat the estimate of $75.13M by 12.96%. This represents a 50.11% increase over sales from the same period last year.
August 08, 2023 | 8:44 pm
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Flywire's Q2 earnings per share missed estimates, but sales exceeded expectations, indicating mixed performance.
Flywire's Q2 earnings per share missed the analyst consensus, which could negatively impact investor sentiment. However, the company's sales exceeded estimates and showed significant YoY growth, which could offset some of the negative impact from the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100