Core Points - Flywire Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 28, 2024, to February 25, 2025 [1][3] - Investors have until September 23, 2025, to file lead plaintiff applications in this lawsuit [1] - The lawsuit is pending in the United States District Court for the Eastern District of New York [1] Financial Performance - On February 25, 2025, Flywire announced its Q4 and FY 2024 financial results, reporting a loss per share of $0.12 for Q4 2024, which missed consensus estimates by $0.12 [4] - The company's revenue for Q4 2024 was $117.6 million, falling short of consensus estimates by $1.25 million [4] - The company attributed its financial performance to a "complex macro environment with significant headwinds" and announced plans for an operational and business portfolio review, including restructuring that would impact approximately 10% of its workforce [4] Stock Market Reaction - Following the announcement of its financial results, Flywire's share price dropped by $6.59, or 37.36%, closing at $11.05 per share on February 26, 2025 [4]