Previous close | 0.6500 |
Open | 0.6500 |
Bid | 0.6500 |
Ask | 0.9000 |
Strike | 12.50 |
Expiry date | 2024-12-20 |
Day's range | 0.6500 - 0.6500 |
Contract range | N/A |
Volume | |
Open interest | 20 |
Active Customer Growth Fuels Strong Quarter, Beating Revenue Estimates
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.
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