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Remitly Global Inc - RELY STOCK NEWS

Welcome to our dedicated news page for Remitly Global (Ticker: RELY), a resource for investors and traders seeking the latest updates and insights on Remitly Global.

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.

Rhea-AI Summary
Remitly Global, Inc. (NASDAQ: RELY) will report its first quarter 2024 financial results on May 1, 2024, after the market closes. A conference call and webcast will follow to discuss the results with the financial analyst community.
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End-of-Day
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Rhea-AI Summary
Remitly Global, Inc. (RELY) announces participation in upcoming investor conferences, including Citi's FinTech Conference and Citizens JMP Technology Conference. The presentations will be webcast live and available for replay on Remitly's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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conferences
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Rhea-AI Summary
Remitly Global, Inc. (RELY) reports strong financial performance for Q4 2023 and full year 2023 with active customers up 41%, send volume up 38%, and revenue up 39%. The company expects continued growth in 2024 with revenue projected to increase by 30% to 32% year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.98%
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Rhea-AI Summary
Remitly Global, Inc. (RELY) will announce its Q4 and full-year 2023 financial results on February 21, 2024. The management will host a conference call and webcast to discuss the results and answer analysts' questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.23%
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conferences earnings
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Rhea-AI Summary
Remitly Global, Inc. (NASDAQ: RELY) will release its fourth quarter and full year 2023 financial results on February 21, 2024. The company will host a conference call and webcast to discuss the results with the financial analyst community. Investors can access the call and webcast details on the company's Investor Relations website.
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Rhea-AI Summary
Remitly Global, Inc. (NASDAQ: RELY) reported strong third-quarter results with active customers up 42% YoY, send volume up 36% YoY, and revenue up 43% YoY. The company expects total revenue for fiscal year 2023 to be in the range of $935 million to $943 million, representing a growth rate of 43% to 44% YoY. Adjusted EBITDA is expected to be in the range of $36 million to $41 million. Remitly's webcast to discuss the results will be held on November 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.86%
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Rhea-AI Summary
Remitly Global, Inc. will report its third quarter 2023 financial results on November 1, 2023, and will host a conference call and webcast to present the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
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conferences earnings
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Rhea-AI Summary
Mastercard and Remitly join forces to expand access to cross-border payments and remittances
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Rhea-AI Sentiment
End-of-Day
0.11%
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none
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Rhea-AI Summary
Remitly to present at Goldman Sachs Communacopia + Technology Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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conferences
Rhea-AI Summary
Remitly reported strong second-quarter results, with active customers increasing by 47% YoY, send volume up by 38% YoY, and revenue up by 49% YoY. The company also raised its 2023 outlook for revenue and adjusted EBITDA. However, Remitly expects to remain in a GAAP net loss position for 2023.
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Rhea-AI Sentiment
End-of-Day
20.58%
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Remitly Global Inc

Nasdaq:RELY

RELY Rankings

RELY Stock Data

3.60B
138.13M
7.57%
78.36%
3.46%
Data Processing, Hosting, and Related Services
Information
Link
US
Seattle

About RELY

remitly is an international payments company that leverages digital channels, including mobile phones, to send money internationally. remitly's digital products are fundamentally faster, less expensive, and far more convenient for customers to send money across borders.