04:48 AM EDT, 08/07/2024 (MT Newswires) -- Flywire ( FLYW ) reported a Q2 loss Tuesday of $0.11 per diluted share, narrower than a loss of $0.15 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.08.

Revenue for the quarter ended June 30 was $103.7 million, up from $84.9 million a year earlier.

Analysts polled by Capital IQ expected $100.4 million.

The company expects Q3 revenue of $146 million to $157 million. Analysts polled by Capital IQ expect $147.8 million.

For 2024, the company now expects revenue of $483 million to $506 million, compared with the previous guidance of $491 million to $519 million. Analysts surveyed by Capital IQ expect $485.4 million.

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