Remitly Global, Inc. (RELY)
After hours:
| Previous close | 17.83 |
| Open | 17.55 |
| Bid | 17.50 x 400 |
| Ask | 17.56 x 200 |
| Day's range | 17.02 - 17.74 |
| 52-week range | 15.83 - 27.95 |
| Volume | |
| Avg. volume | 1,251,675 |
| Market cap | 3.375B |
| Beta (5Y monthly) | 0.16 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.65 |
| Earnings date | 01 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 27.89 |
GuruFocus.comRemitly Global Inc (RELY) Q1 2024 Earnings: Revenue Surges, Narrowing Losses
Active Customer Growth Fuels Strong Quarter, Beating Revenue Estimates
StockStoryRemitly (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.
GlobeNewswireRemitly Reports First Quarter 2024 Results
Active customers up 36% year over yearSend volume up 34% year over yearRevenue up 32% year over year SEATTLE, May 01, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, reported results for the first quarter ended March 31, 2024. “We are pleased with our strong start to the year that reflects our resilient customer base and superior customer experience,” said Matt Oppenheimer, co-founder and Chief Executive Offic
