REMITLY GLOBAL INC (RELY)

Why Are Remitly (RELY) Shares Soaring Today

Shares of online money transfer platform Remitly (NASDAQ:RELY) jumped 24.1% in the after-market session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' EBITDA expectations. Customer growth stayed strong, up 35% year on year, and was supported by robust volume growth, which grew even faster (up 42% y/y). Moving on, its full-year EBITDA guidance exceeded Wall Street's estimates. Overall, this was a strong quarter.

Why Remitly Global Stock Popped Today

Shares of the fintech company popped on a strong earnings report.

Remitly Global (RELY) Q3 2024 Earnings Call Transcript

RELY earnings call for the period ending September 30, 2024.

These stocks are moving in today's after hours session

After hours stock analysis on 2024-10-30: top gainers and losers in today's session.

Remitly’s (NASDAQ:RELY) Q3 Sales Beat Estimates, Stock Jumps 18.3%

Online money transfer platform Remitly (NASDAQ:RELY) announced better-than-expected revenue in Q3 CY2024, with sales up 39.3% year on year to $336.5 million. On the other hand, next quarter’s revenue guidance of $340 million was less impressive, coming in 2.1% below analysts’ estimates. Its GAAP profit of $0.01 per share was also 114% above analysts’ consensus estimates.

Remitly Reports Third Quarter 2024 Results and Raises Full Year 2024 Outlook

Remitly Reports Third Quarter 2024 Results and Raises Full Year 2024 Outlook

Remitly reports third quarter 2024 results and raises full year 2024 outlook....

Cocoa Prices Have More Than Doubled

Odds are this Halloween you'll see less chocolate being handed out as treats.

Remitly (RELY) Reports Earnings Tomorrow: What To Expect

Online money transfer platform Remitly (NASDAQ:RELY) will be reporting earnings tomorrow after market close. Here’s what to look for.

RELY December 2025 Options Begin Trading

Remitly to Report Third Quarter Financial Results on Wednesday, October 30, 2024

Remitly to Report Third Quarter Financial Results on Wednesday, October 30, 2024

Remitly to Report Third Quarter Financial Results on Wednesday, October 30, 2024...

2 Ultra-High-Yield Dividend Stocks Are Near 52-Week Lows. Is It Time to Buy the Dips?

With yields of 8% or better at recent prices, these dividend payers are hard to ignore.

Q2 Earnings Outperformers: Remitly (NASDAQ:RELY) And The Rest Of The Online Marketplace Stocks

Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Remitly (NASDAQ:RELY) and its peers.

Remitly Global Becomes Oversold (RELY)

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Remitly to Present at the 2024 Goldman Sachs Communacopia + Technology Conference

Remitly to Present at the 2024 Goldman Sachs Communacopia + Technology Conference

SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that...

Remitly Global (RELY) Q2 2024 Earnings Call Transcript

RELY earnings call for the period ending June 30, 2024.

Remitly Announces CFO Transition Plan

Vikas Mehta to succeed Hemanth Munipalli as Chief Financial Officer

Remitly Announces CFO Transition Plan

Vikas Mehta to succeed Hemanth Munipalli as Chief Financial Officer

Remitly Reports Second Quarter 2024 Results

Remitly Reports Second Quarter 2024 Results

Active customers up 36% year over yearRevenue up 31% year over yearNet loss improved 36% year over year; Adjusted EBITDA up 23% year over year SEATTLE,...

Remitly to Report Second Quarter Financial Results on Wednesday, July 31, 2024

Remitly to Report Second Quarter Financial Results on Wednesday, July 31, 2024

SEATTLE, July 19, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that...

Q1 Earnings Highlights: Remitly (NASDAQ:RELY) Vs The Rest Of The Online Marketplace Stocks

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the online marketplace stocks, including Remitly (NASDAQ:RELY) and its peers.

3 Out-Of-Favor Fintech Stocks Primed for a Massive Bull Run

These out-of-favor fintech stocks are likely poised for a massive rebound as the market cycle reaches an inflection point.

Treasure Hunt: 7 Growth Stocks Wall Street Hasn’t Discovered Yet

Explore hidden gems in the growth stock sector, offering unique value propositions and potential for substantial returns.

Interesting RELY Call Options For August 16th

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Remitly Global, Inc. - RELY

/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Remitly Global, Inc. ("Remitly" or the "Company") (NASDAQ: RELY). Such...

7 Oversold Stocks to Buy in June 2024

Investors have thrown out opportunity with the bathwater, when it comes to these seven oversold stocks to buy.