US75960P1049 - Common Stock
Remitly’s 36.2% return over the past six months has outpaced the S&P 500 by 25.5%, and its stock price has climbed to $19.64 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Online insurance comparison site EverQuote (NASDAQ:EVER) will be reporting results tomorrow afternoon. Here’s what you need to know.
Secondhand luxury marketplace The RealReal (NASDAQ: REAL) will be reporting results tomorrow after market close. Here’s what to look for.
Growth is accelerating for this remittance upstart.
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.
Shares of the fintech company popped on a strong earnings report.
RELY earnings call for the period ending September 30, 2024.
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....
Odds are this Halloween you'll see less chocolate being handed out as treats.
Online money transfer platform Remitly (NASDAQ:RELY) will be reporting earnings tomorrow after market close. Here’s what to look for.
Remitly to Report Third Quarter Financial Results on Wednesday, October 30, 2024...
With yields of 8% or better at recent prices, these dividend payers are hard to ignore.
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.
These companies are disrupting fast-growing markets.
SEATTLE, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that...
RELY earnings call for the period ending June 30, 2024.
Vikas Mehta to succeed Hemanth Munipalli as Chief Financial Officer
Vikas Mehta to succeed Hemanth Munipalli as Chief Financial Officer
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,...
SEATTLE, July 19, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that...
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the online marketplace stocks, including Remitly (NASDAQ:RELY) and its peers.
These out-of-favor fintech stocks are likely poised for a massive rebound as the market cycle reaches an inflection point.