Flywire Corporation

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Investigation Details

After market hours, Flywire released its fourth-quarter 2024 financial results on February 25, 2025, missing consensus estimates, reporting a net loss of $15.9 million, and announcing a restructuring plan that included a 10% workforce reduction. The company also lowered its 2025 guidance.

Following this news, Flywire’s stock price dropped over 37% on February 26, 2025.