Remitly Global Q4 Loss Narrows, Revenue Jump; Q1, 2025 Outlook Set; Shares Rise After Hours

MT Newswires Live

Feb 20, 2025

Remitly Global (RELY) reported a Q4 loss late Wednesday of $0.03 per diluted share, narrower than a $0.19 loss a year earlier.

Analysts polled by FactSet expected a loss of $0.09.

Revenue for the quarter that ended Dec. 31 was $351.9 million, up from $264.8 million a year earlier.

Analysts surveyed by FactSet expected $343.7 million.

The company expects Q1 revenue of $345 million to $348 million. Analysts polled by FactSet expect $345.6 million.

Remitly expects full-year 2025 revenue of about $1.57 billion to $1.58 billion. Analysts polled by FactSet expect $1.56 billion.

Shares of the company were up 8% in after-hours activity Wednesday.

Price: 27.99, Change: +2.08, Percent Change: +8.02

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Analysts polled by FactSet expect $345.6 million.</p><p>Remitly expects full-year 2025 revenue of about $1.57 billion to $1.58 billion. Analysts polled by FactSet expect $1.56 billion.</p><p>Shares of the company were up 8% in after-hours activity Wednesday.</p><p>Price: 27.99, Change: +2.08, Percent Change: +8.02</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RELY","symbol_name":"Remitly Global, Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512787437","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512787437","pubTimestamp":1740001976,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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