05:25 AM EDT, 08/06/2025 (MT Newswires) -- Flywire ( FLYW ) reported a Q2 net loss late Tuesday of $0.10 per diluted share, narrowing from a loss of $0.11 a year earlier.

Analysts polled by FactSet expected a loss of $0.07.

Revenue for the quarter ended June 30 was $131.9 million, compared with $103.7 million a year earlier.

The company said it increased its share buyback program by $150 million, bringing total authorization for future share repurchases to about $200 million.

Flywire ( FLYW ) shares were up 22% in recent premarket activity Wednesday.