Flywire shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and cut its FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Flywire shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and cut its FY24 revenue guidance.
August 06, 2024 | 8:44 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Flywire shares are trading lower due to disappointing Q2 adjusted EPS results and a reduction in FY24 revenue guidance.
The company's worse-than-expected Q2 adjusted EPS results and the cut in FY24 revenue guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100