Welcome to our dedicated page for Remitly Global news (Ticker: $RELY), a resource for investors and traders seeking the latest updates and insights on Remitly Global stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Remitly Global's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Remitly Global's position in the market.
Remitly Global, a digital financial services provider, appointed Ronit Peled as Chief People Officer. Peled brings strategic leadership and a commitment to culture. With over 20 years of experience, including as CPO of DreamBox Learning, she aims to drive impact for people, customers, and the business at Remitly.
Remitly Global, Inc. (NASDAQ: RELY) reported strong first quarter 2024 results with active customers up 36%, send volume up 34%, and revenue up 32% year over year. The company's net loss decreased, and Adjusted EBITDA improved significantly. Remitly raised its full year 2024 outlook, expecting total revenue between $1,225 million to $1,250 million and Adjusted EBITDA in the range of $85 million to $95 million.
