$FLYW (+12.1% to $21.48) just smashed through its 52-week high after a huge Q3 beat-and-raise cleanest chart on my screen today
While a lot of stocks are trying to dig their way out of October holes, $Flywire Corp.(FLYW)$ just blew the roof off its 52-week high ($20.24) on Wednesday, ripping +12.1% to $21.48 and trading right at the high of the day. Look at how clean Tuesday night’s Q3 report was: Crushed the top line: Revenue jumped 25.1% YoY to $250.3M (beating estimates by $17.3 million!), with Total Payment Volume up 27.7% to $17.8 billion across education, healthcare, and travel. Massive operating leverage: Adjusted EBITDA surged 39.2% YoY to $79.5M, pushing EBITDA margins to 32.5% (+310 bps YoY). They even released their $39M US tax valuation allowance because domestic profitability is now locked in. Raised full-year guidance: Hiked full-year FX-neutral revenue growt
