Latest news with #MikeMassaro
Yahoo
08-07-2025
- Business
- Yahoo
Flywire to Announce Second Quarter 2025 Results on August 5, 2025
BOSTON, July 08, 2025 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter financial results will be released after market close on Tuesday, August 5, 2025. Flywire will host a conference call to discuss its second-quarter financial results at 5:00 pm 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 A replay will be available on the investor relations website following the call. About FlywireFlywire 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 4,600 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 Follow Flywire on X, LinkedIn and Facebook. ContactsInvestor Relations:Masha Kahnir@ Media:Sarah Kingmedia@
Yahoo
29-06-2025
- Business
- Yahoo
5 Insightful Analyst Questions From Flywire's Q1 Earnings Call
Flywire's first quarter results for 2025 were well received by the market, reflecting strength in both top-line growth and operational execution despite a challenging macroeconomic environment. Management attributed the momentum to continued demand across core verticals—especially education, travel, and healthcare—and a surge in new client acquisitions, with over 200 new clients signed. CEO Mike Massaro emphasized the company's ability to adapt and thrive: 'We are not just weathering headwinds, we are using them to become stronger and fuel our future growth.' The company's strategic focus on product integration, operational discipline, and differentiated payments technology helped offset headwinds in markets like Canadian higher education. Is now the time to buy FLYW? Find out in our full research report (it's free). Revenue: $133.5 million vs analyst estimates of $128.5 million (17% year-on-year growth, 3.9% beat) Revenue Guidance for Q2 CY2025 is $124.4 million at the midpoint, above analyst estimates of $121.7 million Operating Margin: -8.2%, down from -5.2% in the same quarter last year Billings: $133 million at quarter end Market Capitalization: $1.38 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. John Davis (Raymond James): Asked about the rationale for revenue growth acceleration in the second half of the year. CFO Cosmin Pitigoi pointed to easier comparisons, recovery in Canadian education, and new client ramp-ups in healthcare and B2B as primary drivers. Timothy Chiodo (UBS): Inquired about the growth contribution of the U.K. education segment. Pitigoi revealed the U.K. is now Flywire's largest education market, driven by strong SFS software adoption and new product introductions. Tien-Tsin Huang (JPMorgan): Sought clarification on the sources of upside in the quarter and areas of management conviction. Pitigoi and CEO Mike Massaro highlighted travel as the main driver and noted U.S. higher education software wins as a positive trend. Dan Perlin (RBC Capital): Asked about Flywire's addressable opportunity in non-traditional education markets and the speed of travel client onboarding. President Rob Orgel explained that Flywire addresses 20 major additional markets and noted that travel business deployments are typically rapid. Tyler DuPont (Bank of America): Requested updates on competitive dynamics and the impact of operational reviews on margins. Massaro emphasized Flywire's product-led differentiation and ongoing cost discipline, while Pitigoi confirmed continued expense management and flexibility for margin commitments. In the quarters ahead, the StockStory team will watch (1) the trajectory of travel and healthcare vertical growth and their ability to offset education headwinds, (2) signs of improved operating leverage as automation and operational changes are implemented, and (3) adoption rates for new software offerings, particularly Student Financial Services in the U.K. and U.S. Progress in non-traditional education markets and successful integration of recent acquisitions will also be important markers. Flywire currently trades at $11.34, up from $10.05 just before the earnings. Is the company at an inflection point that warrants a buy or sell? Find out in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Firing on All Cylinders: Flywire (NASDAQ:FLYW) Q1 Earnings Lead the Way
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the finance and HR software industry, including Flywire (NASDAQ:FLYW) and its peers. Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software. The 13 finance and HR software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 1.2% below. In light of this news, share prices of the companies have held steady as they are up 1.4% on average since the latest earnings results. Originally created to process international tuition payments for universities, Flywire (NASDAQ:FLYW) is a cross border payments processor and software platform focusing on complex, high-value transactions like education, healthcare and B2B payments. Flywire reported revenues of $133.5 million, up 17% year on year. This print exceeded analysts' expectations by 5%. Overall, it was a very strong quarter for the company with a solid beat of analysts' EBITDA estimates and revenue guidance for next quarter meeting analysts' expectations. "We are pleased with our 2025 first quarter results, as we signed more than 200 new clients, led by our Travel and Education verticals, and exceeded the high end of our FX Neutral Revenue Guidance, while expanding Adjusted EBITDA margins above our guidance mid-point," said Mike Massaro, CEO of Flywire. Flywire achieved the biggest analyst estimates beat of the whole group. The stock is up 8% since reporting and currently trades at $10.85. Is now the time to buy Flywire? Access our full analysis of the earnings results here, it's free. Founded by payroll software veteran Steve Sarowitz in 1997, Paylocity (NASDAQ:PCTY) is a provider of payroll and HR software for small and medium-sized enterprises. Paylocity reported revenues of $454.5 million, up 13.3% year on year, outperforming analysts' expectations by 2.9%. The business had a very strong quarter with an impressive beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 9% since reporting. It currently trades at $176.78. Is now the time to buy Paylocity? Access our full analysis of the earnings results here, it's free. Holding close ties to American Express, Global Business Travel (NYSE:GBTG) is a comprehensive travel and expense management services provider to corporations worldwide. Global Business Travel reported revenues of $621 million, up 1.8% year on year, falling short of analysts' expectations by 1.9%. It was a disappointing quarter as it posted full-year EBITDA guidance missing analysts' expectations. Global Business Travel delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 12.3% since the results and currently trades at $6.04. Read our full analysis of Global Business Travel's results here. Created from the merger of two small workforce management companies in 2007, Asure (NASDAQ:ASUR) provides cloud based payroll and HR software for small and medium-sized businesses (SMBs). Asure reported revenues of $34.85 million, up 10.1% year on year. This number topped analysts' expectations by 1.7%. More broadly, it was a satisfactory quarter as it also logged an impressive beat of analysts' EBITDA estimates. The stock is down 4.8% since reporting and currently trades at $9.30. Read our full, actionable report on Asure here, it's free. Created in 1983 when founder Scott Cook watched his wife struggle to reconcile the family's checkbook, Intuit provides tax and accounting software for small and medium-sized businesses. Intuit reported revenues of $7.75 billion, up 15.1% year on year. This result surpassed analysts' expectations by 2.6%. It was a very strong quarter as it also recorded full-year EPS guidance exceeding analysts' expectations and an impressive beat of analysts' EBITDA estimates. Intuit achieved the highest full-year guidance raise among its peers. The stock is up 14.6% since reporting and currently trades at $762.99. Read our full, actionable report on Intuit here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
20-05-2025
- Business
- Yahoo
FLYW Q1 Earnings Call: Revenue Beats, Margin Pressures, and Expansion in Education and Travel
Cross border payment processor Flywire (NASDAQ: FLYW) reported Q1 CY2025 results beating Wall Street's revenue expectations , with sales up 17% year on year to $133.5 million. The company expects next quarter's revenue to be around $124.4 million, close to analysts' estimates. Its non-GAAP profit of $0.11 per share was in line with analysts' consensus estimates. Is now the time to buy FLYW? Find out in our full research report (it's free). Revenue: $133.5 million vs analyst estimates of $127 million (17% year-on-year growth, 5% beat) Adjusted EPS: $0.11 vs analyst estimates of $0.12 (in line) Adjusted Operating Income: $19.9 million vs analyst estimates of -$29,580 (14.9% margin, significant beat) Revenue Guidance for Q2 CY2025 is $124.4 million at the midpoint, roughly in line with what analysts were expecting Operating Margin: -8.2%, down from -5.2% in the same quarter last year Free Cash Flow was -$80.39 million compared to -$42.3 million in the previous quarter Billings: $133 million at quarter end Market Capitalization: $1.38 billion Flywire's first quarter results were driven by robust client acquisition, expansion in both core education and travel verticals, and a continued emphasis on software-driven payment solutions. Management detailed how new wins, particularly in the U.K. and non-traditional education markets, alongside the integration of recent acquisitions like Sertifi, contributed to revenue growth. CEO Mike Massaro highlighted, 'We continue to see huge demand for Flywire solutions as evident by our signing of 200 new clients this past quarter.' Looking forward, Flywire's outlook reflects cautious optimism, balancing positive trends in travel and healthcare with ongoing macroeconomic uncertainty, especially within North American education. The company maintained its full-year guidance, with CFO Cosmin Pitigoi emphasizing that operational efficiency measures and investments in automation are intended to drive margin expansion despite anticipated headwinds. Management also noted that upcoming quarters will depend on factors like visa policy changes and macro shifts in major student markets. Flywire's Q1 performance outpaced Wall Street's revenue expectations, underpinned by product expansion and geographic diversification. Management attributed growth to new client wins and product enhancements across its verticals, while also acknowledging pressures from macro trends and policy changes. Education Market Diversification: Flywire capitalized on shifts in international student flows, expanding beyond the U.S., U.K., Canada, and Australia into markets like Germany, France, Japan, and Singapore. New contracts and product integrations in these regions helped offset weakness in more traditional destinations. Product Suite Expansion: The company's introduction of new software products, such as StudyLink and Student Financial Services (SFS), drove deeper client engagement, particularly in the U.K. and U.S. Management highlighted that the attach rate for these services remains low, presenting ongoing growth opportunities. Travel Vertical Growth: Flywire's travel segment benefited from both organic growth and contributions from the Sertifi acquisition, which added software-driven payment capabilities and facilitated cross-selling. Integration efforts with Sertifi are yielding early wins and expanding the client base, especially among luxury and boutique hotels. Operational Streamlining: An ongoing operational and portfolio review resulted in cost optimization, restructuring, and centralization of payment strategies. Efforts included investments in procurement, automation, and digital transformation to drive efficiency and support future scalability. Resiliency Amid Macro Headwinds: Management emphasized Flywire's low churn rates, strong client retention, and the ability to adapt product offerings in response to evolving market conditions, particularly in education and healthcare sectors. Management's outlook for the remainder of the year is shaped by ongoing geographic expansion, product innovation, and operational discipline, but acknowledges risks from macroeconomic and policy uncertainty in key verticals. Geographic and Vertical Expansion: Growth in non-traditional education markets and the continued scaling of the travel segment, especially with Sertifi, are expected to drive future revenue. The healthcare vertical is also positioned for an uptick as new integrations and client wins materialize. Operational Efficiency Initiatives: The company is pursuing margin expansion through automation, vendor consolidation, and streamlining of global operations, with plans to reinvest savings into data, analytics, and product development. Macroeconomic and Policy Risks: Guidance assumes persistent headwinds in U.S. education due to visa policy changes and softer demand from international students, as well as anticipated declines in Australia and Canada. Management stated that 'all this will be data dependent as we balance hiring and additional OpEx levers.' John Davis (Raymond James): Asked about the drivers of revenue growth reacceleration in the second half; management cited easier year-over-year comparisons, normalization in Canadian education, and new client ramp-ups in healthcare and SFS. Timothy Chiodo (UBS): Inquired about U.K. education growth and its revenue contribution; CFO Cosmin Pitigoi confirmed the U.K. is now Flywire's largest education market, driven by new software product adoption. Tien-Tsin Huang (JPMorgan): Sought clarity on what fueled Q1 outperformance and management's confidence in maintaining growth; management pointed to travel and Australian education segments as key contributors, with a conservative outlook for the rest of the year. Dan Perlin (RBC Capital): Asked about Flywire's market penetration in the next 20 education markets and the timeline for converting travel customer backlogs; management noted strong addressable opportunities and faster deployment cycles in travel. Tyler DuPont (Bank of America): Requested updates on competitive dynamics in education and the status of operational reviews; management indicated that product quality remains the key differentiator and outlined progress on cost optimization and pricing strategies. In the upcoming quarters, the StockStory team will be watching (1) the pace of client adoption for Flywire's expanded software suite in education and travel, (2) the effectiveness of operational efficiency measures in supporting margin improvement, and (3) the impact of macro and visa policy developments on student flows in North America and Australia. Execution against these factors will be key to tracking Flywire's progress toward its full-year goals. Flywire currently trades at a forward price-to-sales ratio of 2.3×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Yahoo
07-05-2025
- Business
- Yahoo
Flywire's (NASDAQ:FLYW) Q1 Sales Top Estimates, Stock Jumps 13.3%
Cross border payment processor Flywire (NASDAQ: FLYW) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 17% year on year to $133.5 million. On the other hand, next quarter's revenue guidance of $119.9 million was less impressive, coming in 1.5% below analysts' estimates. Its GAAP loss of $0.03 per share was significantly below analysts' consensus estimates. Is now the time to buy Flywire? Find out in our full research report. Flywire (FLYW) Q1 CY2025 Highlights: Revenue: $133.5 million vs analyst estimates of $128.5 million (17% year-on-year growth, 3.9% beat) EPS (GAAP): -$0.03 vs analyst estimates of $0.01 (significant miss) Adjusted EBITDA: $21.6 million vs analyst estimates of $19.95 million (16.2% margin, 8.3% beat) Revenue Guidance for Q2 CY2025 is $119.9 million at the midpoint, below analyst estimates of $121.7 million Operating Margin: -8.2%, down from -5.2% in the same quarter last year Free Cash Flow was -$80.39 million compared to -$42.3 million in the previous quarter Billings: $133 million at quarter end Market Capitalization: $1.18 billion "We are pleased with our 2025 first quarter results, as we signed more than 200 new clients, led by our Travel and Education verticals, and exceeded the high end of our FX Neutral Revenue Guidance, while expanding Adjusted EBITDA margins above our guidance mid-point," said Mike Massaro, CEO of Flywire. Company Overview Originally created to process international tuition payments for universities, Flywire (NASDAQ:FLYW) is a cross border payments processor and software platform focusing on complex, high-value transactions like education, healthcare and B2B payments. Sales Growth A company's long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Luckily, Flywire's sales grew at an exceptional 36.4% compounded annual growth rate over the last three years. Its growth beat the average software company and shows its offerings resonate with customers. Flywire Quarterly Revenue This quarter, Flywire reported year-on-year revenue growth of 17%, and its $133.5 million of revenue exceeded Wall Street's estimates by 3.9%. Company management is currently guiding for a 20% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 16.8% over the next 12 months, a deceleration versus the last three years. Despite the slowdown, this projection is healthy and indicates the market is forecasting success for its products and services.
