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Remitly Global, Inc.

20.13

-1.2500-5.85%

Pre-market: 19.29-0.8400-4.17%07:08 EDT

Volume:1.37M

Turnover:27.63M

Market Cap:4.04B

PE:-105.96

High:20.67

Open:20.38

Low:19.96

Close:21.38

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Overview Company News Filings

Wells Fargo Upgrades Remitly Global to Equalweight, Price Target is $18

MT Newswires Live

BUZZ-Remitly Global climbs on upbeat Q3 results, raising FY24 rev forecast

Stock Track | Remitly Global Soars 18% on Blowout Q3 Earnings, Record Growth and Raised Guidance

Remitly Global Inc (RELY) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic ...

Stock Track | Remitly Global Soars 22% as Blowout Q3 Results Signal Rapid Growth

JMP Securities Sticks to Their Buy Rating for Remitly Global (RELY)

Remitly Global (RELY) Q3 2024 Earnings Call Transcript

Motley Fool Transcribing

Remitly Global Inc reports results for the quarter ended in January 1 - Earnings Summary

Stock Track | Remitly Global Soars 21% on Blowout Q3 Earnings and Raised Guidance

Remitly Global, Inc. (RELY) Q3 Earnings and Revenues Surpass Estimates

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

Remitly Global reports Q3 EPS 1c, consensus (7c)

Stock Track | Remitly Global Soars 16% After Reporting Better-Than-Expected Q3 Earnings

Remitly Global Sees FY 2024 Revenue $1.250B-$1.254B Vs $1.244B Est.; Sees Q4 2024 Revenue $338M-$342M Vs $320.743M Est.

Remitly Global Q3 2024 GAAP EPS $0.01 Beats $(0.07) Estimate, Sales $336.53M Beat $320.74M Estimate

BRIEF-Remitly Global Q3 Revenue USD 336.527 Million Vs. IBES Estimate USD 320.7 Million

Remitly Global- Expects to Be in Gaap Net Loss Position for 2024 & for Adj Ebitda to Be in Range of $108 Mln to $112 Mln

THOMSON REUTERS

Remitly Global Inc Q3 Shr View $-0.07 -- Lseg Ibes Data

THOMSON REUTERS

Remitly Global Inc : Qtrly Shr $0.01

THOMSON REUTERS

Remitly Global Inc : Outlook Q4 Total Revenue in Range of $338 Mln to $342 Mln

THOMSON REUTERS

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T","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RELY"],"gpt_icon":0},{"id":"1115404368","title":"Stock Track | Remitly Global Soars 21% on Blowout Q3 Earnings and Raised Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1115404368","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1115404368?lang=en_us&edition=fundamental","pubTime":"2024-10-31 08:17","pubTimestamp":1730333840,"startTime":"0","endTime":"0","summary":"Shares of Remitly Global , the leading digital remittance platform, surged over 21% on Tuesday after the company reported extremely impressive third-quarter results that smashed Wall Street expectations. The stellar performance was driven by robust revenue growth, expanding margins, and promising forward guidance.For the quarter ended September 30, 2024, Remitly posted revenue of $336.53 million, up a staggering 39.3% year-over-year and handily beating analysts' estimates of $320.74 million. The","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["RELY"],"gpt_icon":0},{"id":"2479795379","title":"Remitly Global, Inc. (RELY) Q3 Earnings and Revenues Surpass Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2479795379","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479795379?lang=en_us&edition=fundamental","pubTime":"2024-10-31 06:05","pubTimestamp":1730325911,"startTime":"0","endTime":"0","summary":"Remitly Global, Inc.  came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 116.67%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.06, delivering a surprise of 40%.Remitly Global , which belongs to the Zacks Financial Transaction Services industry, posted revenues of $336.53 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5.40%. This compares to year-ago revenues of $241.63 million. The company has topped consensus revenue estimates four times over the last four quarters.Remitly Global shares have lost about 23.2% since the beginning of the year versus the S&P 500's gain of 22.3%.While Remitly Global has underperformed the market so far this yea","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/aMCT_Lh5K9xNn9.QUdX03w--~B/aD01ODc7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/17a4db66bb13bdabcbf848550a6ea15a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/aMCT_Lh5K9xNn9.QUdX03w--~B/aD01ODc7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/17a4db66bb13bdabcbf848550a6ea15a"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/remitly-global-inc-rely-q3-220511594.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RELY"],"gpt_icon":0},{"id":"2479460767","title":"Remitly’s (NASDAQ:RELY) Q3 Sales Beat Estimates, Stock Jumps 18.3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2479460767","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479460767?lang=en_us&edition=fundamental","pubTime":"2024-10-31 05:42","pubTimestamp":1730324547,"startTime":"0","endTime":"0","summary":"Online money transfer platform Remitly  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.Revenue: $336.5 million vs analyst estimates of $320.6 million . EBITDA: $46.71 million vs analyst estimates of $27.33 million . Revenue Guidance for Q4 CY2024 is $340 million at the midpoint, below analyst estimates of $347.3 million. EBITDA guidance for the full year is $110 million at the midpoint, above analyst estimates of $97.92 million. Gross Margin : 59.2%, up from 55.7% in the same quarter last year. EBITDA Margin: 13.9%, up from 4.3% in the same quarter last year. With Amazon founder Jeff Bezos as an early investor, Remitly  is an online platform that enables consumers to safely and quickly send money globally.Looking furt","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/jmygGxZwlaMVemUJhvGp7A--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/24f1ce460a304ef1a440e4edeacad2ba","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/jmygGxZwlaMVemUJhvGp7A--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/24f1ce460a304ef1a440e4edeacad2ba"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/remitly-nasdaq-rely-q3-sales-214227549.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RELY",".IXIC","NDAQ"],"gpt_icon":0},{"id":"2479176585","title":"Remitly Global reports Q3 EPS 1c, consensus (7c)","url":"https://stock-news.laohu8.com/highlight/detail?id=2479176585","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2479176585?lang=en_us&edition=fundamental","pubTime":"2024-10-31 04:43","pubTimestamp":1730321024,"startTime":"0","endTime":"0","summary":"Reports Q3 revenue $$336.53M, consensus $ $320.74M. “I am grateful to our customers and global teams for the exceptional third quarter results,” sa...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/remitly-global-reports-q3-eps-1c-consensus-7c?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/remitly-global-reports-q3-eps-1c-consensus-7c?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["RELY"],"gpt_icon":0},{"id":"1165478135","title":"Stock Track | Remitly Global Soars 16% After Reporting Better-Than-Expected Q3 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1165478135","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1165478135?lang=en_us&edition=fundamental","pubTime":"2024-10-31 04:33","pubTimestamp":1730320404,"startTime":"0","endTime":"0","summary":"Shares of Remitly Global Inc.  surged 16.32% in after-hours trading on Tuesday after the digital remittance company reported strong third-quarter results that exceeded Wall Street's expectations.For the quarter ended September 30, 2024, Remitly posted earnings of $0.01 per share, beating analysts' consensus estimate of a $0.07 loss per share. 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