Remitly Global, Inc.

RELY

US75960P1049

Business Support Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-05 pm EDT			5-day change	1st Jan Change
12.83 ^USD	+3.05%		+5.42%	-33.93%

Jun. 17	Barclays Cuts Remitly Global Price Target to $16 From $20, Maintains Overweight Rating	MT
Jun. 17	BMO Capital Adjusts Price Target on Remitly Global to $23 From $24, Maintains Outperform Rating	MT

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

May 01, 2024 at 04:05 pm EDT

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

Latest news about Remitly Global, Inc.

Barclays Cuts Remitly Global Price Target to $16 From $20, Maintains Overweight Rating	Jun. 17	MT
BMO Capital Adjusts Price Target on Remitly Global to $23 From $24, Maintains Outperform Rating	Jun. 17	MT
JMP Securities Adjusts Price Target on Remitly Global to $22 From $32, Maintains Market Outperform Rating	Jun. 11	MT
Transcript : Remitly Global, Inc. Presents at The 52nd J.P. Morgan Annual Global Technology, Media & Communications Conference, May-20-2024 04:30 PM	May. 20
Remitly Global, Inc. Announces Transition of Joshua Hug from Chief Operating Officer to Vice Chair	May. 13	CI
Remitly Global, Inc. Appoints Ronit Peled as Chief People Officer	May. 07	CI
Earnings Flash (RELY) REMITLY GLOBAL Reports Q1 Revenue $269.1M, vs. Street Est of $273.9M	May. 01	MT
Transcript : Remitly Global, Inc., Q1 2024 Earnings Call, May 01, 2024	May. 01
Remitly Global, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 01	CI
Remitly Global, Inc. Provides Earnings Guidance for the Fiscal Year 2024	May. 01	CI
Remitly Global, Inc. Provides Earnings Guidance for the Fiscal Year 2024	May. 01	CI
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

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

2024-07-30 - Q2 2024 Earnings Release (Projected)

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

12.83 USD

Average target price

21.89 USD

Spread / Average Target

+70.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Transaction & Payment Services

	1st Jan change	Capi.
REMITLY GLOBAL, INC.	-33.93%	2.4B
FISERV, INC.	+13.30%	87.06B
PAYPAL HOLDINGS, INC.	-2.69%	62.39B
BLOCK, INC.	-14.96%	39.98B
GLOBAL PAYMENTS INC.	-24.24%	24.65B
CORPAY, INC.	-4.29%	18.79B
WISE PLC	-15.05%	9.51B
NEXI S.P.A	-20.31%	8.21B
WEX INC.	-8.75%	7.4B
EURONET WORLDWIDE, INC.	+0.61%	4.72B

Transaction & Payment Services