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Business Wire 27-Feb-2025 9:00 AM
Law Offices of Howard G. Smith announces an investigation on behalf of Flywire Corporation ("Flywire" or the "Company") (NASDAQ: FLYW) investors concerning the Company's possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FLYWIRE CORPORATION (FLYW), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On February 25, 2025, after market hours, Flywire released its fourth quarter 2024 financial results, missing consensus estimates, reporting a net loss of $15.9 million and announcing a restructuring plan that includes a 10% reduction in its workforce. Additionally, the Company reduced its 2025 guidance.
On this news, Flywire's stock price fell $6.59, or 37.4%, to close at $11.05 per share on February 26, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Flywire securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@howardsmithlaw.com, Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250227459167/en/
Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com