Remitly Global Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Remitly Global, Inc. (RELY)
US:NASDAQ Investor Relations:
realindustryinc.com
Company Research
Source: Yahoo! Finance
Profit margin: 0.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. EPS: US$0.01 (up from US$0.20 loss in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates. Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Diversified Financial industry in the US. Performance of the American Diversified Financial industry. The company's shares are up 22% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Remitly Global that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commenta
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RELY
News
- With 56% ownership of the shares, Remitly Global, Inc. (NASDAQ:RELY) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- The Smartest Growth Stock to Buy With $25 Right Now [Yahoo! Finance]Yahoo! Finance
- Remitly to Present at the 2024 Wells Fargo TMT SummitGlobeNewswire
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at Barclays PLC from $20.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at Barclays PLC from $16.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
RELY
Earnings
- 10/30/24 - Beat
RELY
Sec Filings
- 12/20/24 - Form 8-K
- 12/17/24 - Form 4
- 12/11/24 - Form 4
- RELY's page on the SEC website