ET 10:48

Flywire (FLYW) Soars 10% on Earnings Beat, Intuit (INTU) Plunges 18% in Mixed Quarter for Finance and HR Software Stocks

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Finance and HR software stocks posted mixed first-quarter results, with an aggregate revenue beat of 1.7% against analyst estimates but an average share decline of 3.2% since reports, as of May 29, 2026. Flywire (FLYW) led gainers, while Intuit (INTU) and BlackLine (BL) fell sharply. Flywire shares rose 10.2% to $16.02 after revenue surged 42.9% year-over-year to $184 million, exceeding estimates by 7.2% and delivering a significant EBITDA beat. In contrast, Intuit stock tumbled 18.4% to $313.33 despite reporting $8.56 billion in revenue—up 10.4% and in line—and raising full-year EPS guidance. BlackLine lost 93 customers during the quarter, sending its shares down 16.6% to $26.97 even though revenue of $183.2 million beat by 1.2%. American Express Global Business Travel (GBTG) gained 1.8% to $9.51 after revenue rose 35.3% to $840 million, though EBITDA missed. Asure Software (ASUR) fell 2.9% after next-quarter guidance fell significantly short of expectations.

EditorThomas Ho