Remitly’s Blowout Quarter Shows Digital Dynamo is Disrupting

Aug 4, 2023 · Remitly's blowout second-quarter results are not just numbers but instead show how a company can use digital innovation, coupled with aggressive yet thoughtful expansion, …

CouponFollow Extension

$1
OFF

Remitly’s Blowout Quarter Shows Digital Dynamo Is Disrupting

1 day from now

Aug 4, 2023 · In a world where money flows across borders as quickly as a swipe on a screen, Remitly Global is sending shockwaves through the highly fragmented $1.6 trillion global …

fintel.io

$53.33
OFF

Remitly: A Digital-First Fintech Disrupting The Remittances Sector

1 day from now

Jan 2, 2024 · Remitly Global shows promising financial growth with its international money transfer services and a mean price target of $53.33. ... A Digital-First Fintech Disrupting The …

seekingalpha.com

$1
OFF

Remitly’s Blowout Quarter Shows Digital Dynamo Is Disrupting …

1 day from now

Aug 5, 2023 · In a world where money flows across borders as quickly as a swipe on a screen, Remitly Global (US:RELY) is sending shockwaves through the highly fragmented $1.6 trillion …

bigscoots-temp.com

40%
OFF

Remitly’s Resilient Users: CEO Matt Oppenheimer On Q3 22 Results

1 day from now

Nov 10, 2022 · Money transfer player Remitly had another strong quarter, with revenues up 40% YoY to $169.3m in Q3 2022 as a result of customer acquisition and retention, as well as …

fxcintel.com

$1
OFF

'Fall In Love With A Problem': Remitly CEO Reflects On ... - GeekWire

1 day from now

Sep 23, 2021 · Investor interest in these companies reflects the growth opportunity for digital remittances. Remitly said the market for global money transfers was estimated at $1.5 trillion …

geekwire.com

8%
OFF

Remitly's (NASDAQ:RELY) Q3 Sales Top Estimates But Stock Drops …

1 day from now

Nov 1, 2023 · Online money transfer platform Remitly (NASDAQ:RELY) reported Q3 FY2023 results topping analysts' expectations, with revenue up 42.8% year on year to $241.6 million. …

yahoo.com

8%
OFF

Remitly Faces Challenges As 'low-hanging Fruit' Dwindles - Analyst

1 day from now

Remitly Global (NASDAQ:RELY) shares fell more than 8% on Wednesday as Andrew Bauch at Wells Fargo initiated coverage on the stock with Underweight rating and $16 price target. …

msn.com

6%
OFF

Remitly Global Stock Jumps As Q4 Results Impress; BMO Upgrades …

1 day from now

Feb 22, 2024 · ipopba/iStock via Getty Images. Remitly Global (NASDAQ:RELY) stock spiked 15.6% in Thursday morning trading after the provider of cross-border remittance services …

seekingalpha.com

$43
OFF

Remitly’s IPO Reveals Details Of Its Technology Moves

1 day from now

Sep 24, 2021 · Remittance fintech Remitly began trading on the Nasdaq Thursday, with its IPO starting at $43. The Seattle-based company’s S-1 filings, filed ahead of its IPO reveal details …

bankautomationnews.com

FAQs about Remitly’s Blowout Quarter Shows Digital Dynamo is Disrupting Coupon?

What did Remitly's second-quarter results show?

Remitly's blowout second-quarter results are not just numbers but instead show how a company can use digital innovation, coupled with aggressive yet thoughtful expansion, to show success in a fragmented market. ...

What did Remitly's first quarter results mean for 2024?

Remitly's first quarter results for 2024 reflect a dynamic business capable of sustaining growth and improving its financial health. With strategic expansions and a focus on operational efficiency, Remitly is well-positioned to build on its current momentum and continue delivering value to its customers and investors. ...

How did Remitly global perform in 2024?

On May 1, 2024, Remitly Global Inc ( NASDAQ:RELY ), a leading provider of digital financial services for immigrants, unveiled its first quarter results for 2024, demonstrating significant growth and operational improvements. The company's detailed financial performance is accessible through its 8-K filing. ...

How did Remitly perform in Q3 fy2023?

Ahead of the earnings results, analysts covering the company were projecting sales to grow 27.4% over the next 12 months. Online money transfer platform Remitly (NASDAQ:RELY) reported Q3 FY2023 results topping analysts' expectations, with revenue up 42.8% year on year to $241.6 million. ...

What did Remitly's third quarter results indicate?

Gross Margin (GAAP): 55.7%, up from 48% in the same quarter last year “We are pleased with our third quarter results which reflect the continued strong execution by our global teams and the resilience and trust our customers have placed in us,” said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. ...

How does Remitly work?

Remitly’s mobile technology lets people send and receive money across borders, including immigrants in the U.S. and U.K. who support families back home in countries such as the Philippines, India, El Salvador, and others. The service eliminates forms, codes, and agents typically associated with the international money transfer process. ...