Remitly Global, Inc.

RELY

US75960P1049

Business Support Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
18.06 ^USD	+1.63%		-2.43%	-7.00%

Apr. 26	Remitly Global Insider Sold Shares Worth $378,101, According to a Recent SEC Filing	MT
Apr. 11	Remitly Global Insider Sold Shares Worth $826,672, According to a Recent SEC Filing	MT

Remitly Global, Inc. Provides Earnings Guidance for the Fiscal Year 2024

February 21, 2024 at 04:11 pm EST

Remitly Global, Inc. provided earnings guidance for the fiscal year 2024. For the period, the company expected total revenue in the range of $1,225 million to $1,250 million, representing a growth rate of 30% to 32% year over year. To remain in a GAAP net loss position for 2024.

Latest news about Remitly Global, Inc.

Remitly Global Insider Sold Shares Worth $378,101, According to a Recent SEC Filing	Apr. 26	MT
Remitly Global Insider Sold Shares Worth $826,672, According to a Recent SEC Filing	Apr. 11	MT
Remitly Global Insider Sold Shares Worth $822,278, According to a Recent SEC Filing	Apr. 05	MT
Remitly Global Insider Sold Shares Worth $835,046, According to a Recent SEC Filing	Apr. 01	MT
Remitly Global Insider Sold Shares Worth $1,245,486, According to a Recent SEC Filing	Mar. 21	MT
Monness Crespi Hardt Initiates Remitly Global With Buy Rating, $29 Price Target	Mar. 20	MT
Remitly Global Insider Sold Shares Worth $428,759, According to a Recent SEC Filing	Mar. 14	MT
Remitly Global Insider Sold Shares Worth $690,633, According to a Recent SEC Filing	Mar. 08	MT
Transcript : Remitly Global, Inc. Presents at Citi 13th Annual Fintech Conference, Feb-27-2024 10:15 AM	Feb. 27
North American Morning Briefing : S&P 500 Futures -2-	Feb. 23	DJ
Wells Fargo Adjusts Price Target on Remitly Global to $19 From $16, Maintains Underweight Rating	Feb. 22	MT
BMO Capital Upgrades Remitly Global to Outperform From Market Perform, Adjusts Price Target to $28 From $24	Feb. 22	MT
Top Premarket Gainers	Feb. 22	MT
Remitly Global Q4 Loss Widens, Revenue Rises; Issues 2024 Revenue Outlook; Shares Surge Premarket	Feb. 22	MT
Transcript : Remitly Global, Inc., Q4 2023 Earnings Call, Feb 21, 2024	Feb. 21
Earnings Flash (RELY) REMITLY GLOBAL Reports Q4 Revenue $264.8M, vs. Street Est of $261.4M	Feb. 21	MT
Remitly Global, Inc. Provides Earnings Guidance for the Fiscal Year 2024	Feb. 21	CI
Remitly Global, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 21	CI
Remitly Global Insider Sold Shares Worth $374,390, According to a Recent SEC Filing	Feb. 07	MT
Remitly Global Insider Sold Shares Worth $339,907, According to a Recent SEC Filing	Jan. 25	MT
Barclays Cuts Price Target on Remitly Global to $21 From $25, Maintains Overweight Rating	Jan. 22	MT
Remitly Global Insider Sold Shares Worth $268,341, According to a Recent SEC Filing	Jan. 18	MT
Remitly Global Shares Fall After Wells Fargo Starts Coverage With Underweight Rating	Jan. 17	MT
Wells Fargo Starts Remitly Global With Underweight Rating, $16 Price Target	Jan. 17	MT
Goldman Sachs Adjusts Price Target on Remitly Global to $25 From $29, Maintains Buy Rating	Jan. 11	MT

Chart Remitly Global, Inc.

Duration

Period

More charts

Company Profile

Remitly Global, Inc. is a digital financial services provider for immigrants and their families in over 170 countries around the world. The Company helps customers send money internationally by leveraging digital channels and supporting cross-border transmissions across the globe. The Companyâs technology platform is purpose-built to localized consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. Its global network of funding and disbursement partnerships enables it to complete money transfers in over 5,000 corridors without the need to deploy local operations in each country.

Sector

Business Support Services

Calendar

2024-05-01 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Remitly Global, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

18.06 USD

Average target price

28.11 USD

Spread / Average Target

+55.65%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Transaction & Payment Services

	1st Jan change	Capi.
REMITLY GLOBAL, INC.	-7.00%	3.4B
FISERV, INC.	+17.35%	91.21B
PAYPAL HOLDINGS, INC.	+7.41%	69.43B
BLOCK, INC.	-3.71%	46.28B
GLOBAL PAYMENTS INC.	-1.91%	31.78B
CORPAY, INC.	+7.50%	21.83B
EDENRED SE	-16.97%	11.95B
WISE PLC	-9.73%	10.07B
WEX INC.	+11.32%	9.07B
NEXI S.P.A	-25.92%	7.68B

Transaction & Payment Services