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0.00082732537525124 -0.000236378678643139 -0.000590946696607932 -0.00165701453728865 -0.0037820588582909 0.0308474175629358 0.0277449474057441 0.0267698853563409
Stock impact report

Consumer Internet Stocks Q4 Teardown: Remitly (NASDAQ:RELY) Vs The Rest [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible. The 50 consumer internet stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 22% since the latest earnings results. With Amazon founder Jeff Bezos as an early investor, Remitly (NASDAQ:RELY) is an online platform that enables consumers to safely and quickly send money globally. Remitly reported revenues of $351.9 million, up 32.9% year on year. This print exceeded analysts' expectations by 2.4%. Overall, it was a strong quarter for the company with EBITDA guidance for next quarter exceeding analysts' expectations. “We delivered an exceptional fourth q Show less Read more
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