ZI - Flywire Reports Q1 Loss Joins ZoomInfo Inspire Medical Systems And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Wednesday.
Shares of Flywire Corporation (NASDAQ:FLYW) fell sharply in today's pre-market trading after the company reported worse-than-expected first-quarter EPS results and issued second-quarter revenue guidance below estimates.
Flywire posted a quarterly loss of 5 cents per share, compared to market expectations for a loss of 2 cents per share. The company's quarterly sales came in at $114.10 million versus estimates of $109.90 million, according to data from Benzinga Pro.
Flywire shares dipped 14.1% to $17.65 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
- Treace Medical Concepts, Inc. (NASDAQ:TMCI) shares dipped 53.7% to $5.15 in pre-market trading after the company reported first-quarter financial results and issued FY24 revenue ...