FLYW

Voss Capital established a new position in Choice Hotels International (NYSE:CHH) during the first quarter, acquiring 967,500 shares in a transaction estimated at $100.61 million based on average quarterly pricing, according to a May 15, 2026, SEC filing. According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Voss Capital initiated a new position in Choice Hotels International, acquiring 967,500 shares. The estimated value of the purchase was $100.61 million, based on the average price during the first quarter of 2026. The quarter-end value of the position was $100.14 million, reflecting both the purchase and subsequent share price movement. This was a new position for Voss Capital, LP; the stake comprised 5.31% of the fund’s reportable U.S. equity assets at quarter’s end. Top holdings after the filing: As of May 14, 2026, Choice Hotels shares were priced at $105.72, down 15% over the prior year; the stock underperformed the S&P 500 by roughly 40 percentage points over that period. Choice Hotels International franchises lodging properties under brands such as Comfort Inn, Quality, Clarion, Sleep Inn, Econo Lodge, and Cambria Hotels, and provides cloud-based property management software. The firm operates a hotel franchising business model, generating revenue primarily from franchise fees, royalties, and technology services to hotel owners. It serves hotel owners and operators worldwide, targeting both leisure and business travelers. Choice Hotels International is a leading global hotel franchisor with a diverse portfolio of well-known brands. The company leverages its scale, technology solutions, and brand recognition to attract hotel owners and deliver value to both franchisees and guests. Its asset-light model and recurring revenue streams support consistent profitability and competitive positioning within the lodging industry. Voss Capital stepped into Choice Hotels after a difficult year for the stock, but the company's latest results suggest several key growth indicators are moving in the right direction.The most encouraging numbers were found in development. Global franchise agreements awarded surged 72% year over year, while U.S. hotel openings reached a five-year high, and global net rooms increased 1.7%. Choice's pipeline also expanded to more than 77,700 rooms, with 97% concentrated in higher-value extended stay, midscal...

Flywire’s first quarter results for 2026 were met with a strongly positive market reaction, as the company delivered both revenue and non-GAAP profit meaningfully ahead of Wall Street expectations. Management attributed the broad-based outperformance to continued momentum across education, travel, healthcare, and business-to-business verticals, emphasizing the benefits of Flywire’s platform scale and differentiated capabilities. CEO Michael Massaro highlighted that the company’s ability to handle complex, multicurrency payment workflows—particularly in sectors underserved by traditional providers—remains a key driver. The launch of new software features, expansion of payment processing in existing and new geographies, and ongoing client wins in both cross-border and domestic markets were central to Flywire’s strong start to the year. Is now the time to buy FLYW? Find out in our full research report (it’s free). Revenue: $184 million vs analyst estimates of $171.6 million (42.9% year-on-year growth, 7.2% beat) Adjusted EPS: $0.21 vs analyst estimates of $0.18 (18.4% beat) Adjusted Operating Income: $37.7 million vs analyst estimates of $6.55 million (20.5% margin, significant beat) Revenue Guidance for Q2 CY2026 is $154.4 million at the midpoint, above analyst estimates of $151.9 million Operating Margin: 5.9%, up from -8.5% in the same quarter last year Billings: $186.7 million at quarter end, up 45.5% year on year Market Capitalization: $2.03 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. Kenneth Suchoski (Autonomous Research) asked about Flywire’s success in non-Big 4 education markets. President Rob Orgel explained that market opportunity and Flywire’s tailored solutions are enabling strong growth in these less-penetrated regions. Tien-Tsin Huang (JPMorgan) questioned the drivers behind Q2 margin variance and Flywire’s willingness to invest. CFO Cosmin Pitigoi confirmed that investments are focused on high-conviction areas, with confidence that returns will be realized as margins expand later in the year. Daniel Perlin (RBC Capital Markets) inquired about the increasing trend of vendor consolidation and...

Image source: The Motley Fool. Feb. 24, 2026 Chief Executive Officer — Michael Massaro President and Chief Operating Officer — Rob Orgel Chief Financial Officer — Cosmin Pitigoi Michael Massaro: Thank you, Masha, and thank you all for joining us here today. Before we share more details about an outstanding quarter across all our operating metrics, I want to step back and revisit the progress we've made, the structural advantages of our model and how we've positioned Flywire for continued durability and growth. Since our IPO nearly 5 years ago, we have scaled Flywire into a diversified, resilient and increasingly profitable business. We have grown across multiple verticals and geographies, expanded margins reached GAAP net income profitability and continue to generate increasing levels of free cash flow, all while navigating significant macro disruption across payments, software and global education and travel markets. That progress reflects consistent execution against a deliberate strategy designed to leverage our competitive strengths, deepen our moat and deliver long-term shareholder value. Our strategy remains just as relevant and differentiated today as it has ever been. At our core, Flywire operates across multiple industries, but we execute a single, scalable playbook we embed deeply into mission-critical financial workflows, solve complex payments end-to-end and expand over time as clients turn to us for more of their critical operations. A defining characteristic and key competitive advantage of our business is the complexity of the environments in which we operate. We specialize in large value, cross-border receivables in highly complex verticals, where payments must be processed with precision, compliance and full reconciliation. This complexity creates real barriers to entry and allows us to embed deeply within systems of record and core financial workflows of our clients. Once embedded, expansion becomes a natural motion. We process a greater share of payment volume and attach value-added software that improves client outcomes, creating a flywheel that reinforces our position and value to our clients over time. Today, approximately 90% of our education revenue and over 70% of our travel revenue come from enterprise clients, which we define as clients generating more than $100,000 in the last 12 months revenue. With more than 100 direct integrati...

Flywire (FLYW) reported $184 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 43%. EPS of $0.10 for the same period compares to $0.03 a year ago. The reported revenue represents a surprise of +9.4% over the Zacks Consensus Estimate of $168.19 million. With the consensus EPS estimate being $0.03, the EPS surprise was +218.47%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Flywire performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Payment Volume: $11.4 billion compared to the $10.42 billion average estimate based on four analysts. Revenue- Transaction: $155.2 million versus the three-analyst average estimate of $139.74 million. The reported number represents a year-over-year change of +43.1%. Revenue Less Ancillary Services- Transaction: $155.1 million versus $138.38 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +43.4% change. Revenue Less Ancillary Services- Platform and other revenues: $28.8 million versus $26.7 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +39.8% change. Revenue- Platform and other revenues: $32.9 million versus the three-analyst average estimate of $27.5 million. The reported number represents a year-over-year change of +31.8%. View all Key Company Metrics for Flywire here>>> Shares of Flywire have returned +19.5% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flywire Corporation (FLYW) : Free Stock Analysis Report This article originally published on Zacks I...

Management attributes outperformance to a 'moat of complexity,' specializing in high-friction, sector-specific payment workflows that generalist processors avoid. The addressable market in education has expanded roughly tenfold as the company transitioned from a cross-border specialist to a full-suite domestic and international provider. Platform efficiency is scaling through 'routing intelligence,' where increased volume improves banking relationships and lowers transaction costs per dollar processed. A 'land and expand' strategy is driving gross profit growth, with existing clients consolidating fragmented financial operations onto Flywire's unified platform. AI is being deployed as a strategic enabler to own the data and workflow, already resulting in a 40% auto-resolution rate for customer inquiries and a 30% reduction in support costs. The company is executing a multiyear digital transformation to rearchitect internal processes for an 'agentic AI future,' aiming to decouple headcount growth from revenue scaling. Full-year 2026 revenue guidance assumes 18% to 24% FX-neutral growth, with 3 to 4 points of contribution from specific B2B and healthcare payment ramps. Second-half revenue growth is expected to decelerate relative to the first half due to anniversarying significant volume ramps from late 2025, though gross profit is less affected. Management maintains a 'prudent and data-dependent' macro outlook, assuming conservative visa trends such as a 30% decline in U.S. visas despite stronger current performance. Strategic investments in Q2 are focused on domestic expansion, AI infrastructure, and scaling the hospitality platform internationally into Europe and Southeast Asia. The company targets a free cash flow conversion of 70% to 75% of adjusted EBITDA for the full year, supported by continued operating leverage. Announced an accelerated share repurchase (ASR) program of up to $50 million, citing a market dislocation and conviction in the company's intrinsic value. Adjusted gross margin decreased by approximately 400 basis points, primarily driven by a mix shift toward large-scale domestic payment processing ramps in healthcare and B2B. The Cleveland Clinic implementation is transitioning to its second phase in Q2, adding higher-margin software revenue to the existing payment processing volume. Management is monitoring potential disruptions in the tra...

BOSTON (AP) — BOSTON (AP) — Flywire Corporation (FLYW) on Tuesday reported first-quarter profit of $12.5 million. The Boston-based company said it had profit of 10 cents per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. The payments company posted revenue of $188.1 million in the period. Its adjusted revenue was $184 million, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $168.2 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLYW at https://www.zacks.com/ap/FLYW

Image source: The Motley Fool. Tuesday, May 5, 2026 at 5 p.m. ET Chief Executive Officer — Michael Massaro President and Chief Operating Officer — Rob Orgel Chief Financial Officer — Cosmin Pitigoi Operator Michael Massaro: Thank you, Masha, and thanks to everyone for joining us here today. It was a great quarter with significant growth and a beat on both the top and bottom line, with broad-based outperformance across education, travel, healthcare and B2B. We are building for scale while driving efficiencies into our operations. Our product and tech organization continues to generate high-quality, high-value, differentiated products and services. And our go-to-market teams continue to sign meaningful enterprise deals, while also landing and expanding across our global client base. We are executing against our multiyear strategy to deliver $1 billion in revenue with impressive financial metrics, and I want to spend a moment on why those metrics keep improving. We go where others are unable or unwilling to go. Most companies are built for simplicity, ours is built for complexity. Multicurrency, multi-method, multi-rail, deeply integrated, sector-specific payments and software at scale. This is what Flywire is built for. Every new payment method, every new regulatory layer, every new integration only strengthens our differentiated position. The harder the workflow, the fewer companies can follow, and that is exactly where we specialize. This is what defines our moat. We have proven the thesis and the execution continues to improve. We are signing larger clients, growing volumes and product attach rates within existing relationships. Our momentum is yet another proof point. When clients stay, expand and refer others to Flywire, the market is telling you clearly our model works. And the total addressable market continues to expand. 3 years ago, Flywire is primarily a cross-border payments provider. Today, we serve the full suite of domestic and international payment flows across major geographies. And in education alone, that expansion has grown our addressable market, roughly tenfold. Many of our existing clients are still cross-border only, moving them towards processing 100% of their payment volume through Flywire is a growth engine that lives within our installed base, independent of macro conditions. Let me walk you through 4 priorities, each designed to bui...

Flywire (FLYW) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +218.47%. A quarter ago, it was expected that this payments company would post a loss of $0.01 per share when it actually produced break-even earnings, delivering a surprise of +100%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Flywire, which belongs to the Zacks Internet - Software industry, posted revenues of $184 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 9.40%. This compares to year-ago revenues of $128.7 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Flywire shares have added about 0.4% since the beginning of the year versus the S&P 500's gain of 5.2%. While Flywire has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Flywire was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It...

First Quarter Revenue Increased 41.0% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 43.0% Year-over-Year Previous Fiscal Year 2026 Revenue Less Ancillary Services growth guidance raised by 300 bps at midpoint, Adjusted EBITDA margin growth guidance raised by 25 bps at midpoint Announces up to $50 million accelerated share repurchase (ASR) program BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2026. “We started 2026 with a strong first quarter — above expectations on revenue and adjusted EBITDA, with new client wins across all four verticals," said Mike Massaro, Flywire’s CEO. “The results reflect what we have been building toward: a durable, scalable business, diversified across verticals and geographies - and one that is increasingly resilient and increasingly profitable.” First Quarter 2026 Financial Highlights: GAAP Results Revenue increased 41.0% to $188.1 million in the First quarter of 2026, compared to $133.5 million in the First quarter of 2025. Gross Profit increased to $106.8 million, resulting in Gross Margin of 56.8%, for the First quarter of 2026, compared to Gross Profit of $80.5 million and Gross Margin of 60.3% in the First quarter of 2025. Net income was $12.5 million in the First quarter of 2026, compared to net loss of ($4.2) million in the First quarter of 2025. Key Operating Metrics and Non-GAAP Results Total Payment Volume increased 36.5% to $11.4 billion in the First quarter of 2026, compared to $8.4 billion in the First quarter of 2025. Revenue Less Ancillary Services increased 43.0% to $184.0 million in the First quarter of 2026, compared to $128.7 million in the First quarter of 2025. FX-Neutral Revenue Less Ancillary Services increased 37.2% year-over-year. Adjusted Gross Profit increased to $110.5 million, up 33.9% compared to $82.5 million in the First quarter of 2025. Adjusted Gross Margin was 60.1% in the First quarter of 2026 compared to 64.1% in the First quarter of 2025. Adjusted EBITDA increased 81.8% to $39.3 million in the First quarter of 2026, compared to $21.6 million in the First quarter of 2025. Adjusted EBITDA margin increased by 452 bps year-over-year to 21.4% in the First quarter of 2026. Repurchased approximate...

Flywire (FLYW) reported Q1 earnings late Tuesday of $0.10 per diluted share, swinging from a $0.03 l

Strong Q1 and upgraded outlook: Flywire reported revenue of $184 million (up 43% spot, 37% FX‑neutral), adjusted EBITDA of $39 million with a 21.4% margin (+452 bps), raised full‑year FX‑neutral revenue guidance to 18%–24%, and authorized an accelerated share repurchase of up to $50 million (total buybacks now $128 million). Broad-based commercial traction and international expansion: Education saw software consolidation wins (e.g., Cornell, Penn State, University of Edinburgh) and >40% growth outside the “Big Four,” while travel/hospitality monetization and the Sertifi integration create significant upside—about $2.5 billion of incremental payment volume opportunity within existing U.S. hospitality clients—with planned expansion into Europe and Southeast Asia. Interested in Flywire Corporation? Here are five stocks we like better. Executives at Flywire (NASDAQ:FLYW) highlighted broad-based first-quarter 2026 outperformance, increased operating leverage, and continued progress expanding the company’s payments and software footprint across education, travel, healthcare, and B2B during the company’s earnings call. Chief Executive Officer Mike Massaro said the quarter featured “significant growth and a beat on both the top and bottom line,” attributing results to strength across all major verticals and ongoing efficiency efforts. He described Flywire as a platform built “for complexity,” emphasizing multi-currency and multi-rail payments, deep integrations, and sector-specific workflows as key differentiators that become stronger as Flywire adds payment methods, regulatory layers, and integrations. → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook Chief Financial Officer Cosmin Pitigoi reported total revenue of $184 million, up 43% on a spot basis and 37% on an FX-neutral basis. Pitigoi said revenue growth included “7 points in organic contribution from Sertifi,” and noted that “almost half” of the FX-neutral outperformance versus the midpoint of guidance came from a strong January education peak in core markets, with the remainder driven by travel, “specifically hospitality,” including Sertifi payments. Transaction revenue was $155 million, up 43% year-over-year, driven by 45% growth in transaction payment volume. Platform and other revenue was $29 million, up 40%, which Pitigoi said was “primarily driven by growth in hospitality.” → The Real...

Global payments company Flywire (NASDAQ:FLYW) will be announcing earnings results this Tuesday after the bell. Here’s what you need to know. Flywire beat analysts’ revenue expectations last quarter, reporting revenues of $152.7 million, up 35.4% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ revenue estimates. Is Flywire a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Flywire’s revenue to grow 33% year on year, improving from the 16.8% increase it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Flywire has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Flywire’s peers in the finance and hr software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Paychex delivered year-on-year revenue growth of 19.9%, beating analysts’ expectations by 1.5%, and Asure Software reported revenues up 22.7%, topping estimates by 2.1%. Paychex traded up 3.3% following the results while Asure Software was also up 1.1%. Read our full analysis of Paychex’s results here and Asure Software’s results here. There has been positive sentiment among investors in the finance and hr software segment, with share prices up 8.7% on average over the last month. Flywire is up 17.6% during the same time and is heading into earnings with an average analyst price target of $16.29 (compared to the current share price of $13.99). ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.