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Remitly Global, Inc. (RELY)

NasdaqGS - NasdaqGS Real-time price. Currency in USD

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17.54

-0.29

(-1.63%)

At close: 04:00PM EDT

14.63

-2.91

(-16.59%)

After hours:

07:57PM EDT

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Zacks
Remitly Global, Inc. (RELY) Reports Q1 Loss, Tops Revenue Estimates
Remitly Global (RELY) delivered earnings and revenue surprises of 21.43% and 1.08%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
GuruFocus.com
Remitly Global Inc (RELY) Q1 2024 Earnings: Revenue Surges, Narrowing Losses
Active Customer Growth Fuels Strong Quarter, Beating Revenue Estimates
StockStory
Remitly (NASDAQ:RELY) Misses Q1 Sales Targets, Stock Drops 20.7%
Online money transfer platform Remitly (NASDAQ:RELY) missed analysts' expectations in Q1 CY2024, with revenue up 32% year on year to $269.1 million. On the other hand, the company's outlook for the full year was close to analysts' estimates with revenue guided to $1.24 billion at the midpoint. It made a GAAP loss of $0.11 per share, improving from its loss of $0.16 per share in the same quarter last year.